MutualFundWire.com: SunGard Pushes Straight Through

MutualFundWire.com

The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication

Wednesday, March 8, 2000

SunGard Pushes Straight Through

SunGard continues to expand its transactional network. The firm has added the IDEÉ software to allow investment managers to connect with multiple brokers through SunGard Direct. IDEÉ is a product of décalog, a unit of SunGard.

Related Links

SunGard

On InvestmentWires

Sungard Stands on NSCC Platform
Sep 16 1999

SunGard Changes the Guard
Aug 20 1999

Huntington and Citizens Choose SunGard
Aug 18 1999

SDP Releases Transfer Agent Guide
Apr 19 1999

The system is designed so that orders can be electronically routed to participating brokers via the system. Brokers can send back electronic confirmations that automatically update the investment managers' back-office systems.

The system comes at no additional cost to investment managers utilizing the SunGard Direct product.

With this latest deployment, officials at SunGard believe that between SunGard Direct, INVEST ONE (which is a back-office investment accounting system) and IDEÉ they now provide investment managers with an end-to-end straight-through processing solution.

"Our strategy is to offer our clients added value by integrating our best-of-breed financial software solutions to support straight-through processing. As a result we enable the entire investment world to increase profitability, and we're helping them to get ready for T+1 settlement," stated Thierry Aiglon, president of décalog.

Printed from: MFWire.com/story.asp?s=25364

Copyright 2000, InvestmentWires, Inc.
All Rights Reserved