Princeton Financial Releases New Version of MIG21

Princeton Financial Systems, a compliance company, has released version 7.4 of its investment compliance and risk monitoring solution, MIG21, which Princeton describes as a rules engine combined with data and resolution management tools provide auditable controls of the investment process.

Princeton says MIG21 version 7.4 improves asset reclassification, which is integrated as a standard function, and allows manual and automated reclassification of assets. It's also designed to increase the speed and performance of calculating global exposures, as well as provide improvements in the user interface with a range of administrative features.

According to Princeton, MIG21 optimizes and automates pre-trade and post-trade investment compliance checking, and improves the administration of regulatory, prospectus and internal investment guidelines and resolution workflows.

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