PNC Financial's PFPC unit is touting the success of its Surpas shareholder subaccounting system. The firm claims that it added 7 million new shareholder accounts in the past year, including those at Prudential. Altogether it claims that 21 million accounts are now on the system. Kevin Melancon, managing director for Surpas at PFPC, says that the new account wins stem from a shift in the fund industry to subaccounting.  

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