Atom Bank, the UK’s first digital bank, has selected SunGard as its integrated treasury and risk management platform.
SunGard today announced that its team of New York-based coders, SunGardians of the Galaxy, have won the company’s third-annual Global Coder Cup, a financial technology codeathon competition, held at FC Barcelona’s Camp Nou stadium in partnership with Intel from September 8-10.
UK Asset Resolution Limited (UKAR), the holding company established to combine the government-owned businesses of Bradford & Bingley plc (B&B) and NRAM plc, has replaced its treasury and risk platform with SunGard’s Ambit Treasury Management solution.
Erste Securities Polska S.A., a leading Polish institutional broker, has chosen SunGard’s market access solution to improve connectivity and algorithmic trading and harness the High Volume Provider Program recently launched by Warsaw Stock Exchange (WSE) to expand and enhance service to clients.
Generali Vie, a French life insurance company that is part of the Generali Group, has gone live on SunGard’s IntelliMatch Operational Control solution to manage its cash and securities reconciliations from a single, centralized enterprise platform.
SunGard, in collaboration with Microsoft Corp., has launched a series of five financial planning applications, available through Windows Store, to help individuals improve their ability to reach their financial and retirement savings goals.
Singapore's Silverlake Axis is to acquire SunGard Ambit, the core banking unit of the US technology group, for $12 million.
SunGard is to take over Barcelona's iconic Camp Nou football stadium to host the championship round of its third annual Global Coder Cup, in which eleven teams from five countries will compete to develop innovative new financial service apps.
SunGard has issued a public apology to custody bank BNY Mellon for the outage of its InvestOne accounting system used by the bank to price thousands of funds.
BNY Mellon and its fund manager clients are scrambling to assess the damage caused after a third party system run by SunGard and used by the bank to value assets worth billions of dollars broke down.
© Finextra Research 2015