MIS 750 - Portfolio Accounting Management System "An Investment Accounting Platform"

What is PAM system?

Basically, PAM system is a Poftfolio Accounting Management System delivered by PFS which PAM system was created with accuracy, efficiency, total cost of ownership, flexible, scalable, intuitive and easy-to-use investment accounting platforms. Most of investment company would invest to upgrade their system to easy manage, view and able to provide reliable information in its database.

Key Features :

• Multi-basis accounting : Local GAAP, TAX, Stat, Management, IFRS

• Integrated sub-ledger with multiple charts of accounts

• Multi-currency based with bifurcation of FX and market G/L

• Accounting across all asset classes: equities, fixed income, derivatives, structured products, options, futures, swaps, real estate investments, private placements

• Integrated GIPS-compliant performance measurement, attribution and analysis

• Regulatory reporting

• Web-based reporting with user-defined dashboards

• Flexible ownership structure

How this can impact to the company that using PAM System?

With all key features above mentioned, PAM system could able to increase the producitvity with easy-to-use user interface, customizable grids and workspaces the way that company want them to be
Not only that, PAM system able to run queues independently (Auto setup required), can keep track for any transaction either past or current tramsaction according to portfolio (blotter setup required) and can review report quickly. PAM system allowed user to use its multiple dashboards which user can analyze effectively and manage exceptions throughout the trading and investment cycle.

However, at any circumstances, PAM System might facing a problem in terms of  performance and report review. From a real user experience, PAM System will facing a slow performance especially when there are too many user logged in in the same time. Most of the user will using the same q's in doing individual tasks. When there are too many user run for the same q's PAM system will be slow, hang and will log out automatically from the system. In terms of report review, most of the reports generated from PAM system valid to be use and compile to Security Commisioner standard and regulations. Data in PAM system will be utilised especially in completing SC reports, Shariah Reports and others report that related to regulators.

As overall, PAM system is new and high technology system that can give a positive impact to the organization and specifically to the users. With the user-friendly interface and easy use allow users to experience better and able to assist users to deliver more effective and efficient task. This Accounting System could  improve a lot in terms of company daily operation and should become most of reliable source to the company especially in handling investment activities.

Source : http://www.pfs.com/

Note : This article was published in this blog as one of the assignment for subject MIS750 and to fulfill my EMBA course.