SunGard wins first Decalog contract in the Netherlands

SunGard wins first Decalog contract in the Netherlands

Netherlands-based ABP Investments, the asset management division of Stichting Pensioenfonds ABP, has selected SunGard's Decalog product for straight-through processing.

The company will implement the full Decalog suite in both Heerlen and Amsterdam in order to achieve greater compliance and security, says ABP. The solution will be integrated with the company's information system architecture by linking the portfolio management and trading solution to its back-office and risk management software.

Rob Bauer, project manager front-office at ABP Investments, says the company needed a front-office system to support the implementation of its ambitious investment strategy. "Our goal is to integrate Decalog in our system architecture and achieve straight-through processing," he says.

He adds: "After a rigorous selection process and functional tests, Decalog was the system to best answer our business requirements. We did not want a proliferation of different front-office packages and we required a combination of portfolio management, trade order management, compliance, trading and performance measurement and attribution," he says.

Harold Finders, president of the Decalog operating unit and managing director of SunGard Investment Management Systems, Europe, says the new contract with ABP Investments marks the Decalog's debut in the Netherlands.

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