Led By New Management, Trustmark Buys Off Shelf To Replace Homegrown System
PORTFOLIO SYSTEMS
LAKE Forest, Ill.-based Trustmark Insurance Co., with some $700 million in assets under management, has selected Princeton Financial Systems Inc.'s Pam for Securities portfolio management and accounting system. The selection, finalized in late December, was driven by the appointment of new management at Trustmark--management that demanded more extensive investment and regulatory reporting functionality than the incumbent system offers. At Trustmark, the PC-based Pam will replace an internally
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