Princeton Acquisition Paves Way For Development Of Trade Order System

ORDER MANAGEMENT AND ROUTING

PRINCETON, New Jersey--Within the next nine months, Princeton Financial Systems plans to develop a trade order management system that uses technology originally developed by Tower Mountain Software of Princeton, New Jersey. Princeton, which is a subsidiary of Boston-based State Street, acquired the assets of Tower Mountain earlier this month. The planned trading system will be integrated with Princeton's flagship product, the portfolio accounting and management system, PAM, although it will also

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