CenCorp to market PALMS to its members

WINDSOR, Conn. - The $2.8 billion CenCorp has formed an alliance with SS&C Technologies to market its Portfolio Asset Liability Management Services product, better known as PALMS. PALMS is an online tool for CUs to do balance sheet management. NCUA has put renewed emphasis on ALM over the last year....

By Staff Writer | January 15, 2002 at 07:00 PM

WINDSOR, Conn. – The $2.8 billion CenCorp has formed an alliance with SS&C Technologies to market its Portfolio Asset Liability Management Services product, better known as PALMS. PALMS is an online tool for CUs to do balance sheet management. NCUA has put renewed emphasis on ALM over the last year. "The Internet access was really a plus for this product. With PALMS, CenCorp is able to assist credit unions in quickly developing comprehensive ALM strategies," said CenCorp CFO Ron Boehnlein.

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