SINGAPORE, March 5, 2012 /PRNewswire-Asia/ -- SunGard has launched Hedge360, an integrated, hosted service that supports the complete investment lifecycle for hedge funds and alternative asset management firms, from portfolio management to risk management, portfolio accounting and reporting with dedicated coverage of convertible arbitrage strategies and independent valuation. The various solution components are delivered on a Software-as-a-Service* basis, allowing customers to choose features and functions to customize a comprehensive solution.
Hedge360 comprises functional components from SunGard's suite of solutions for the alternatives industry, delivered on a SaaS basis with out of the box interfaces to prime brokers, admins, OMSs and EMSs. Customers may select the components of the solution that they require, and can add features and functionalities on an as-needed basis to help them manage costs while enhancing support for greater investment complexity. The SaaS delivery of Hedge360 also helps customers bridge gaps between front, middle and back office operations by providing them with a single delivery platform to help them meet investment demands.
Dushyant Shahrawat, senior research director at CEB Tower Group, said, "Regulators, customers, shareholders and Boards of Directors are all demanding greater transparency, disclosure and better reporting from their asset managers. But meeting these requirements globally in today's economy is a challenge for many asset managers due to cost pressures, limited skill sets and lack of IT/operational resources. An integrated, Cloud-based solution can help alleviate some of these pain points, by delivering a cost effective service that helps asset managers customize their IT and reporting requirements and still take on investment complexity."
Martin Boyd, president of SunGard's Asset Management business, said, "The alternative asset management landscape is facing new challenges with heightened regulatory and investment demands driving a need for greater risk controls and improved reporting and compliance practices. SunGard's Hedge360 will help firms streamline operations while eliminating the IT burden for growth enablement."
* SunGard Financial Systems is transforming the way its software solutions are created and delivered to its customers. With the introduction of a new visionary, integrated technology blueprint, new delivery models are created and additional functionality embedded. Underlying technologies include a service-oriented architecture (SOA) development framework, a business process management platform (Infinity Process Platform) and a delivery platform to enable Software-as-a-Service (SaaS) based solutions.
About Hedge360
SunGard's Hedge360 is a hosted application suite that supports the full investment lifecycle across front-, middle- and back-office processes for hedge funds and alternative asset management firms. Hedge360 helps improve both investment decision-making and operational efficiency while helping customers manage risk and increase transparency. It is delivered on a Software-as-a-Service basis, enabling customers to create a customized solution by selecting required features and functionality as components that include portfolio management, valuation, risk management, compliance, portfolio accounting, and client reporting. For more information, visit www.sungard.com/hedge360/learnmore.
About SunGard
SunGard is one of the world's leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about US$4.5 billion, SunGard is the largest privately held software and services company and was ranked 434 on the Fortune 500 in 2011. Look for us wherever the mission is critical. For more information, please visit www.sungard.com.
Trademark Information: SunGard and the SunGard logo are trademarks or registered trademarks of SunGard Data Systems, Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
