SunGard today announced that M.D. Sass, a leading multi-discipline investment management firm with approximately $8 billion in assets under management, went live this month on IMpower, SunGard's ASP solution for portfolio managers.
A SunGard customer for more than 20 of its 34 years in business, M.D. Sass has continually leveraged its partnership with SunGard. This partnership served as an important factor in M.D. Sass' choice of IMpower to support the firm's portfolio management functions. M.D. Sass employs a wide array of IMpower functionality including: investment accounting, portfolio reporting, trade order management and allocation, compliance, and performance measurement calculation and reporting.
"IMpower provides the power and flexibility to meet our firm's unique accounting and reporting needs, helping us to deliver superior service and investment products," said Martin D. Sass chief executive officer of M.D. Sass. "SunGard's expertise and dedication to our implementation were critical in allowing us to circumvent traditional deployment challenges. M.D. Sass is pleased to continue its partnership with SunGard."
"M.D. Sass' selection of IMpower attests to the functional strength of the product and the firm's confidence in the service and support that SunGard will provide," said Doug Morgan, president of SunGard's investment systems business unit. "SunGard is proud of our long-standing customer relationships and looks forward to extending its support of M.D. Sass well into the future."