Companies Mentioned in this Press Release:
Business Categories Mentioned in this Press Release:
New company name emphasises extended global strategy and accelerated integration
Princeton, NJ ‐ 20 November 2008 Aquin Components GmbH operates under the company name Princeton
Financial Systems GmbH with immediate effect, following the acquisition of Aquin Components by Princeton
Financial Systems LLC (PFS), a subsidiary of State Street Corporation in October 2008. The international subsidiaries
of former Aquin Components GmbH in London, Paris and Zurich will also change their names to Princeton Financial
Systems Ltd. (in United Kingdom), Princeton Financial Systems France SAS (in France) and Princeton Financial
Systems Schweiz GmbH (in Switzerland).
With the combined company, Princeton Financial Systems offers all of its clients a greatly expanded product and
service offering, with an extended geographical reach. Princeton Financial Systems will continue all operations in the
previously existing Aquin offices. The Managing Directors of Aquin and their teams remain with Princeton Financial
and will continue to support previously provided products and services, as well as introduce new value added
offerings available as a result of the transaction, including a global 24/7 support model.
Götz Bernhardi, Managing Director of Princeton Financial® Systems GmbH and former CEO of Aquin Components
GmbH said, "The new name creates a strong global brand supporting the business. It also emphasizes Princeton
Financial’s commitment to build one integrated company. Princeton Financial’s PAM® fund accounting solution
complements Aquin’s compliance, data management, reporting and NAV reconciliation solution portfolio and allows
us to better compete in the global marketplace by providing a more comprehensive offering with reduced
integration risk."
‐moreAbout
Princeton Financial Systems
Princeton Financial Systems (PFS) is a leading provider of portfolio management and accounting systems, investment
compliance, data management, reporting and NAV reconciliation solutions for global institutional investors. PFS’s
investment management solutions are used worldwide by over 430 leading investment managers, custodians,
insurance companies, mutual funds and unit trusts, pension funds, hedge funds, endowments, banks, and
corporations, which manage combined total assets of over $5 trillion in more than 50 countries. More than $3
trillion AUM worldwide are monitored with PFS’s award‐winning investment compliance solution MIG21 powered
by its LawCards suite of rule libraries for global compliance. PFS is headquartered in Princeton, NJ has offices located
throughout the United States, Canada, Australia, Singapore, China as well as in United Kingdom, the Netherlands,
Luxembourg, France, Germany and Switzerland. For more information, visit Princeton Financial’s website at
www.pfs.com or www.pfs.aquin.com
This release can be found online at
http://www.pfs.com/AboutUs/Pages/PFSPress.aspx and
http://pfs.aquin.com/news
.