SunGard, one of the world's leading software and technology services companies, today reported results for the fourth quarter ended December 31, 2013. For the fourth quarter, revenue was $1.1 billion, flat year over year.
Metropol Partners AG, an external asset management company based in Zurich, has implemented the Ambit Client Information Management solution (Ambit CIM) from SunGard's private banking suite.
Faysal Bank Limited, a leading Pakistani bank engaged in Corporate, Commercial, Retail and Islamic banking activities, has implemented SunGard's Ambit Core Banking solution to help drive operational and cost efficiencies, optimize profitability and support future growth.
As part of a multi-year agreement to continue its use of SunGard's AddVantage trust accounting solution, Honolulu-based Bank of Hawaii has added SunGard's Investor's View investment management, WealthStation financial planning, and Management Data Reporting (MDR) solutions to support the bank's growing wealth management business.
UBS Fund Services, a global fund administrator, today announced that it has signed agreements with SunGard and HazelTree to offer UBS Frontier Platform - a leading edge front and middle office solution.
Marianne Brown, president and CEO of post-trade processing house Omgeo, has been appointed as chief operating officer of SunGard's financial systems business.
Calastone, the global funds transaction network, has appointed former SunGard chief executive Cristóbal Conde as non-executive director.
Several customers of SunGard's Relius Administration retirement record keeping solution - including INTRUST Retirement, ASC Trust Corporation, and MBM Advisors - have chosen to use Relius Mobile Participant to help plan sponsors improve client service and communication with plan participants, and help them obtain greater value from their employee retirement plans.
City Financial, a growing London based independent fund manager with experienced teams investing across a range of strategies for retail and institutional clients, has chosen SunGard's APT for its investment risk reporting.
SunGard has expanded asset class coverage of its SunGard Global Network (SGN) Short-Term Cash Management solution to provide customers with increased investment options, operational efficiencies and risk analysis.
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