PAM for securities: For investment management

Abstract

PAM for Securities, part of the PAM family of investment systems from Princeton Financial Systems, is reviewed. PAM for Securities offers an enterprise-wide solution to portfolio management, operations and accounting needs across security types, including global fixed income, equities and derivatives. To monitor different investment strategies, PAM calculates AIMR-compliant returns and maintains statistics such as duration, convexity, yield, effective maturity, quality rating, market value and unrealized gains and losses. It also evaluates the effects of changing prepayment speeds as well as varying interest rates.