BSTW NewsBriefs, Week of Sept. 13, 1999

STP

Princeton Financial Systems, a provider of investment management systems, has enhanced the interface between PAM, its portfolio and accounting management system, and the Bloomberg Portfolio Trading System.

The new functionality adds money market instruments and repurchase agreements to the list of security types that can be processed with the combined PAM/Bloomberg system. The real-time interface integrates Bloomberg with PAM, automating the transfer of information and eliminating a host of manual tasks. In addition to money markets and repurchase agreements, the interface also enables processing of bonds, notes, mortgage-backed securities, CMOs, ABS and common and preferred stock.

TRADING SYSTEMS

Times Bank Limited, based in Mumbia, India, has signed with Infinity, a subsidiary of SunGard Data Systems, for its front to back office trading system, Devon 3.34, to support the bank's treasury operations. Times Bank, a full-service private sector bank, will be the first bank in India to implement straight-through processing and integrated enterprise-wide portfolio risk management. In need of a system that could manage the risks associated with rapid growth in today's volatile marketplace, Times Bank began looking for a new system in October 1998. The bank, which will implement the system over the next four months, will use Devon to provide deal-capture, real-time positions, band-wide limits reporting, market risk management and credit risk management.

CONFERENCES

SIGS Conferences is holding the fourth annual SIGS Conference for Java Development on Oct. 17-21 at the Fairmont Hotel in San Jose, Ca. The five-day conference will host nine topical tracks: Java Primer, Programming for the Enterprise, Server-Side Programming, Programming for the Desktop, Distributed Computing, XML Technology, Programming for Devices, Database Integration and Object-Oriented Concepts and Design. Covered topics will include understanding EJB component architecture specifications, master servlets, integrating JDBC, using the Java naming and directory interface API, Java exception handling and distributed object architecture with XML. Register online at www.javadevcon.com or call (212) 242-7515.

Advent Software, a provider of front- to back-office solutions for the investment management industry, is holding its fall conference on Sept. 13-15 at the Washington Grand Hyatt Hotel in Washington D.C. The three-day conference will focus on rapidly changing buy-side technologies, including hardware and software, and how these technologies can be used to increased productivity and growth. The keynote speech will be delivered by former president George Bush. Register online at www.advent.com.