Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Rydex Taps SunGard's Asset Arena Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, April 06, 2009

Rydex Taps SunGard's Asset Arena

by: Armie Margaret Lee

Rydex Investments has turned to SunGard's Asset Arena investment accounting solution to help with fund accounting, reporting and data consolidation. This comes as Rydex is being integrated with Security Global Investors.

Rockville, Maryland-based Rydex was purchased by Security Benefit in a deal that closed in January of last year. In January 2009, the Topeka, Kansas-based insurer announced the integration of Rydex into its other asset management business, Security Global Investors.

"Rydex's integration with Security Global Investors has presented an opportunity to streamline our operational infrastructure as we combine two distinct yet complementary fund complexes," said Joseph Arruda, senior vice president of Rydex Investments.
Company Press Release

Lombard, IL, April 6, 2009 – Rydex Investments, a Rockville, Maryland-based asset management firm known for bringing institutional-style investments mainstream, has selected SunGard’s Asset Arena to help address its needs in fund accounting, reporting and data consolidation. Delivered as an ASP solution, SunGard’s Asset Arena Investment Accounting solution will provide support for Rydex’s entire book of business as the firm seeks to consolidate operations with its sister asset management firm, Security Global Investors.

“Rydex’s integration with Security Global Investors has presented an opportunity to streamline our operational infrastructure as we combine two distinct yet complementary fund complexes,” said Joseph Arruda, senior vice president of Rydex Investments. “We’re confident that SunGard’s technology, combined with its experience and knowledge, will help us to manage our combined business processes in an optimal and efficient manner.”

Doug Morgan, president of SunGard’s institutional asset management business, said: “SunGard’s Asset Arena helps our customers become more efficient across their operations. Rydex Investments and Security Global Investors are excellent examples of asset managers with the need to manage a variety of complex processing, reporting and data requirements on a single fund accounting platform. By selecting Asset Arena Investment Accounting, Rydex has helped demonstrate SunGard’s ability to provide solutions that address the unique business requirements of today’s asset managers.” 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. ETF.com Awards 2020, April 20
  2. The 31st Sub-Advised Funds Forum, Apr 20-21
  3. IDC Virtual Roundtable: Florida - April 2021, April 20
  4. IMEA Marketing Council Roundtable | Engaging Advisors In a Virtual World, April 21
  5. MMI Summit 2021, Apr 21-22
  6. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  7. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  8. IDC Virtual Roundtable: Alabama, Georgia, North Carolina, and South Carolina - April 2021, April 22
  9. Nicsa webinar - Diversity Data: What is at stake? Business, Reputation and Talent, April 22
  10. IDC Webinar: The Future of the Workplace - April 2021, April 23
  11. IDC Virtual Roundtable: Arkansas, Louisiana, Mississippi, Oklahoma, Tennessee, and Texas - April 2021, April 27
  12. IMEA In Session - Post-Covid Sales Coverage, April 27
  13. MFDF Case Studies in Fund Oversight — A Virtual Roundtable for Directors, Apr 28-29
  14. IDC Virtual Roundtable: Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota - April 2021, April 29
  15. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  16. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  17. ICI 2021 General Membership Meeting - Day 1, May 6
  18. Emerging Manager Forum USA, May 12-14
  19. ICI 2021 General Membership Meeting - Day 2, May 13
  20. 2021 FINRA Annual Conference, May 18-20
  21. IDC Speaker Series - Abby Joseph Cohen: A Conversation About the State of the Global Markets, May 19
  22. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  23. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  24. Irish Funds Online Annual Global Funds Conference 2021, May 19-20
  25. MFDF webinar - Fund Director Compensation: MPI Annual Survey (2021), May 20
  26. ICI 2021 Operations and Technology Conference, May 20




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use