SunGard Promotes Company Veteran to Treasury Business President SunGard Financial Systems reports the appointment of Andrew Bateman, a company veteran, to the post of president of its treasury business unit. Bateman, who is now president of SunGard’s treasury solutions and energy businesses, has spent more than 15 years at the Wayne, Pa.-based financial software and… Read More >>
The Anti-Climactic Sale of SunGard
SunGard officials today quietly withdrew their bid to U.S. regulators for an initial public offering (IPO), according a report by the Reuters news agency. The IPO filing took place this past June and raised the hopes of investors and those current and former SunGard employees that would have benefited from a sexy IPO. Of course,… Read More >>
SIBOS News Bullets
As the SIBOS 2014 Boston conference and exhibition winds down, several key vendors serving securities markets have released product news. The event, put on by financial messaging and services cooperative SWIFT, is underway at the Boston Convention & Exhibition Center from Sept. 29 to Oct. 2. Officials at SunGard Financial Systems report that IntelliMatch Operational… Read More >>
Atreaus Deploys New Risk Reporting Service
Atreaus Capital, a macro hedge fund manager based in New York, is now live with SunGard’s Hedge360 risk reporting service, SunGard reports. Hedge360 provides customized daily risk reports, “offering transparency to investors and integrated internal risk management to hedge funds,” according to SunGard. Hedge360 offers a hosted and managed service that encompasses the reporting process… Read More >>
Front Arena Ups Risk and Margin Support
SunGard Financial Systems, a provider of software and IT services to the financial services industry, has launched Front Arena Cross-Asset Risk. This version of Front Arena is meant to provide brokers and futures commission merchants (FCMs) with real-time consolidated risk, exposure and margin calculations across multiple asset classes and markets, the company says in a… Read More >>
SunGard Financial Systems Hires Marianne Brown as ISITC Has a New Chair
SunGard Financial Systems Hires Marianne Brown as COO SunGard has cleared up the mystery over the next move for Marianne Brown, who is stepping down from her post as president and CEO of Omgeo. Brown will become the next chief operating officer (COO) of SunGard’s Financial Systems business on Feb. 24, officials say. Brown, who… Read More >>
New CEO for Asset Control as the CEO for SunGard Financial Systems to Leave in January
Asset Control Fills CEO Post Reference data systems vendor Asset Control has appointed Richard Petti to be its new CEO, succeeding Dean Goodermote, who served as interim CEO after the departure of Phil Lynch earlier this year, officials say.Just prior to his current appointment, Petti was the chief operating officer at WEMA Environmental Technology… Read More >>
