AGF Asset Management implements SunGard STP solution
03 August 2001 | 3568 views | 0
Assurances Generales de France (AGF) Asset Management has gone live with the integration of SunGard Investment Management's Decalog and Global Portfolio II products for front to back office straight-through processing (STP).
Decalog Manager, Decalog Trader and Decalog Compliance will provide portfolio management functionality, pre- and post-trade compliance and order workflow to users at AGF Asset Management's Paris office. The time-consuming and costly re-keying of trade details to correct transcription and translation errors is now no longer necessary, says the asset manager.
The integration of Decalog Trader within AGF Asset Management's systems architecture, provides electronic trade confirmation (ETC). The connections also include a link to custodian and depositary organisations, and an existing interface with Global Portfolio II, SunGard's back-office accounting solution.
The asset manager's next steps involve implementation of the financial information eXchange (FIX) protocol for market connectivity.
Harold Finders, president of the Decalog operating unit and managing director of SunGard Investment Management Systems, Europe, says: "With the seamless integration of Decalog and Global Portfolio II, AGF Asset Management can bridge the gap between its front-, middle-, and back-office operations."
In a separate announcement, SunGard Trading and Risk Systems has launched BancWare Perspective, its enhanced platform for profitability and performance measurement for financial institutions.
Perspective delivers a controlled data mart with multidimensional modeling, analysis and reporting capabilities. With BancWare Insight for data management and funds transfer pricing, financial institutions now have an end-to-end, integrated solution for performance management based on historical information, says SunGard.
The solution uses an OLAP engine for access to measures of risk-adjusted performance for financial products, legal entities, branches, business units, bank officers, customer segments and individual clients. Flexible reporting is delivered via custom worksheets, dynamic Excel spreadsheets, or a Web browser.