TECHNOLOGY

TECHNOLOGY

Princeton Financial Systems has joined Oracle's Alliance Program and plans to add support for the Oracle7 database to its PAM family of portfolio management and accounting systems. PAM systems automate all investment management functions, including portfolio management, accounting, operations and analysis. The systems are used by money managers, banks, pension fund sponsors, insurance companies, mutual fund companies and other institutional investors. PFS licensed 21 PAM systems and signed

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A view from the buy side: Calpers

Volatile markets have posed challenges for participants in the FX market across the globe. Eric Busay, portfolio manager at Calpers, talks about the Swiss franc, US dollar and regulatory change. By Farah Khalique

Ex-Lehman staff form action group

LONDON - A group of around 30 former Lehman Brothers employees in London have formed an action group seeking to win compensation from the collapsed US investment bank.

Solutions to rouble trouble

The rouble derivatives market developed in haste after further liberalisation of the currency in July 2006 and positive changes to the Russian Civil Code 1062, centring around the previous treatment of derivatives as gaming, in January 2007.

US lets China off the hook

WASHINGTON, DC - The US Treasury has cleared China of manipulating its currency to gain unfair trade advantages against the US.

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