ew York-based BISYS
has expanded its long-standing strategic alliance with SunGard
, in a bid to better support its investment management clients with a broader range of client portfolio solutions.
Integrating BISYS' proprietary core systems with SunGard's applications will provide real-time, straight-through processing capabilities and additional automation for the evolving requirements of investment managers, according to a prepared release.
"Today's market is generating unprecedented competitive demands for investment managers," said Fred Naddaff
, executive vice president of operations for BISYS Fund Services. "We believe the opportunity to leverage SunGard's state-of-the-art solutions is one important aspect of our product strategy."
"Specifically, we believe that integrating SunGard's worldwide investment administration solutions will facilitate our clients' ability to maximize the performance of their portfolios."
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