"We believe that our investment will enable Leap Systems to accelerate its growth and take its business to the next level,” said David M. O'Malley, EVP and CFO, Penn Mutual Life.
Leap System, which was founded in 1980, is a financial modeling system provider for services professionals in the United States and Canada.
"As an independent affiliate of Penn Mutual, Leap Systems will help to create additional value for our financial professionals and their clients. Leap's own business model and plans for the future will be enhanced for the benefit of their licensees and the industry as a whole," said Eileen C. McDonnell, Penn Mutual's President and CEO
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