Nikko Securities chooses SunGard Decalog for STP

Nikko Securities chooses SunGard Decalog for STP

The Nikko Securities Co. International has selected SunGard Investment Management System's Decalog product for straight-through processing.

Nikko will use Decalog to support its newly created alternative investment strategic group, Global Dynamic Asset Allocation, which manages Luxembourg and Japanese-based funds.

Decalog will provide GDAA with decision support, portfolio management, and trading services for assets worth approximately $400 million, says the company.

Michael Lewis, vice president and head of research for the GDAA Group at Nikko, says: "We have had a smooth transition to an updated version of Decalog and as a result have been able to focus our attention on the markets. The system has been integrated into internal processes and also facilitates transferring data to outside parties."

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