20 February 2018
visit www.ebaday.com

SunGard acquires London Pacific Group subsidiaries

14 May 2003  |  3483 views  |  0 SunGard acquires London Pacific Group subsidiaries

SunGard Wealth Management Services has entered into a definitive agreement to acquire London Pacific Group's Securities and Advisory Services subsidiaries (LPA), for an undisclosed sum.

SunGard and LPA have worked together under an alliance agreement for the past year to integrate their products. As a result LPA has developed a Web-based turnkey asset management product that guides users through the steps to sell and build customised managed-account investment strategies.

Don Birdwell, chief executive officer, SunGard Asset Management Systems, says LPA's capabilities combined with SunGard's products and services will produce an end-to-end solution for the managed-account industry that incorporates consolidated reporting.

"LPA's offering complements our product line by creating a true open-architecture, private-label solution for managed accounts that can be integrated for all of our customers," says Birdwell.

The transaction is expected to close in June, subject to London Pacific's shareholder approval.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Noble Asset Managers extends SunGard ePal contract

Noble Asset Managers extends SunGard ePal contract

08 May 2003  |  3289 views  |  0 comments
Fibi Bank implements SunGard's Mint to manage move to SwiftNet Fin

Fibi Bank implements SunGard's Mint to manage move to SwiftNet Fin

07 May 2003  |  4244 views  |  0 comments
SunGard upgrades Brut ECN

SunGard upgrades Brut ECN

06 May 2003  |  6915 views  |  0 comments
SunGard adds credit hedging module to Monis Convertibles XL

SunGard adds credit hedging module to Monis Convertibles XL

06 May 2003  |  4176 views  |  0 comments
SunGard Securities Processing hires Paul Stringer as SVP of Phase3

SunGard Securities Processing hires Paul Stringer as SVP of Phase3

02 May 2003  |  5999 views  |  0 comments
Ruffer Investment Management selects SunGard's ePal ASP

Ruffer Investment Management selects SunGard's ePal ASP

01 May 2003  |  4184 views  |  0 comments
Banco General licenses SunGard's BancWare

Banco General licenses SunGard's BancWare

29 April 2003  |  3985 views  |  0 comments
DZ Bank selects SunGard's Mint for SwiftNet FIN migration

DZ Bank selects SunGard's Mint for SwiftNet FIN migration

28 April 2003  |  4862 views  |  0 comments
ABN Amro selects SunGard's Credient for credit risk management

ABN Amro selects SunGard's Credient for credit risk management

25 April 2003  |  7131 views  |  0 comments
Profits rise at SunGard but internal revenues remain stagnant

Profits rise at SunGard but internal revenues remain stagnant

24 April 2003  |  3974 views  |  0 comments
Nasdaq recruits SunGard exec as new CEO

Nasdaq recruits SunGard exec as new CEO

16 April 2003  |  4263 views  |  0 comments
ING live with SunGard's Credient

ING live with SunGard's Credient

03 April 2003  |  4354 views  |  0 comments
SunGard hires Dean Jovic for Basel II role

SunGard hires Dean Jovic for Basel II role

27 March 2003  |  5481 views  |  0 comments
Travelex migrates to SwiftNet Fin with SunGard

Travelex migrates to SwiftNet Fin with SunGard

17 March 2003  |  5213 views  |  0 comments
SunGard chalks up wins at CIBC Wood Gundy and Union Planters

SunGard chalks up wins at CIBC Wood Gundy and Union Planters

17 March 2003  |  5819 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.nextgenbanking.co.ukvisit www.swift.com/your-needs/instant-paymentsVisit https://www.capgemini.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11755 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9379 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9194 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
7948 views comments | 13 tweets | 11 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7281 views comments | 19 tweets | 18 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job