www.pfs.com

Princeton Financial^® Systems (PFS), a State Street Company, is a leading provider of portfolio management and accounting systems, investment compliance, data management, performance measurement and reporting solutions to the global investment industry. 

Worldwide Client References

Our solutions are used worldwide by over 430 leading investment managers, custodians, insurance companies, pension funds, hedge funds, and banks in more than 40 countries. Seven of the world’s biggest global custodians monitor investment compliance with PFS' award-winning MIG21® powered by its LawCards® suite of rule libraries for global compliance.

Our client base includes:

• Allianz Global Investors
• BNP Paribas
• CACEIS Investor Services
• Citi
• Commerzbank
• Credit Suisse
• RBS
• Société Générale Securities Services

Where we are

PFS, headquartered in Princeton, NJ, has offices located throughout the United States, Canada, Australia, Singapore, Malaysia, the United Kingdom, the Netherlands, Luxembourg, France, Germany, and Switzerland.

Princeton Financial Systems' Investment Management Solution Portfolio

All products can be deployed as individual modules or as integrated solution.

MIG21^® - Award winning and Market Leading Investment Compliance Solution

MIG21^®, PFS’ award-winning investment compliance and risk monitoring solution, optimizes and automates pre-trade and post-trade compliance checking, the administration of regulatory, prospectus, and internal investment guidelines along with the consequent resolution workflows.

Usefulness to the buy side

MIG21 is designed to address the following investment management technology needs:

• Flexibility of data access. Compliance is typically a very data hungry business process, therefore it is vitally important to be able to access all types of structured data (e.g. Databases, Excel & CSV files, XML etc.)
• Flexibility in the creation of rules. MIG21 provides a rule wizard with which compliance officers can create any rule they need (e.g. regulatory, contractual, concentration limits, substantial shareholding limits, benchmark rules, data quality rules, best execution rules).
• Flexibility of reporting & breach resolution: Detection of breaches is not sufficient, reports need to be automatically generated and distributed. The entire breach resolution workflow must be supported. MIG21 is specifically designed to support this process.

MIG21’s innate flexibility means it is useful for a variety of buy-side organisations regardless of size (1000+ funds or fewer than 10 funds), or whether they need to connect MIG21 to multiple simultaneous data feeds or to a single asset master. MIG21 can be customised to meet any needs whether they are those of a French custodian, a Singaporean Fund Administrator or a UK Hedge Fund. PFS’ LawCard^® service means clients with multiple locations can easily stay up-to-date with legal developments.

Best-of-breed technology

MIG21 is an acronym for Managing Investment Guidelines in the 21st Century. MIG21 is based on the latest technologies. It is written in C# .NET and uses an Oracle database. Its n-tier architecture is highly scalable. As MIG21 was designed as a standalone system, its interfaces are very advanced and come pre-packaged with a Visual Mapping Studio. MIG21 has standard interfaces to many data providers (e.g. Bloomberg, WM) and accounting engines (e.g. GP3, V3, Multifonds, Beauchamp).

PFS LawCards accelerate Global Compliance

MIG21 is powered by PFS’ market-proven LawCards^®. LawCards are comprehensive predefined rule sets for checking regulatory investment restrictions with MIG21. They keep you up to date with compliance developments around the globe so your funds can be launched in new jurisdictions quickly.

The LawCard service offers our clients the content expertise of all major jurisdictions including the SEC Investment Company Act Of 1940 and UCITS III:

PFS’ LawCards are maintained centrally by a full time team at PFS and when changes take place (e.g. new EU directives or regulators’ guidance notes) these are updated and pushed out to our clients.

PFS offers an online portal to all its LawCard clients and maintains a newsfeed of all rule changes. Accompanied by our LawCard Compliance newsfeed it provides expert guidance in creating and maintaining a compliance framework which meets all regulatory requirements.

If you would like to know more about PFS and our solutions then please give us a call at +44 20 7489 21 21 or visit our website at www.pfs.com.

 

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