AFA System Chosen By Piraeus Asset Management Company
Piraeus Asset Management Company (PAMCO), an affiliate of Piraeus Bank Group in Greece, has signed a contract to implement AFA AIMS, the front and back office asset management system. PAMCO joins more than 50 Asset Management companies already using AFA AIMS. AFA AIMS is a real-time Investment and Portfolio Management system designed to meet the needs of both institutional and private client fund managers. It is built on a modular approach and delivers a complete portfolio modelling and management system. It encompasses core functions such as orders, trades, settlements, cash management and reporting for management, administration and clients. The system caters for all types of instrument including equities, capital and money market assets, derivatives, property and foreign exchange.