SunGard provided Aperio with a cost-effective solution designed to handle the operational demands of its business, including multi-currency accounting, reporting and integrated reconciliation. Asset Arena Portfolio Management is a real-time, Web-based portfolio management solution that supports multiple asset types and product structures on a single, global investment platform

Liz Michaels, chief of staff at Aperio Group, commented: "After an exhaustive review of available systems we found that SunGard's Asset Arena provided the most robust and sophisticated solution to support our firm's asset management strategy."

Ran Leshem, portfolio manager at Aperio Group, added: "The rapid expansion of our business requires not only a state-of-the-art portfolio management system, but also the support of a global organization like SunGard that understands the complexities of our industry. With Asset Arena, we are automating our investment processes and gaining access to business-critical capabilities and powerful reporting and reconciliation tools - all on a scalable and cost-effective ASP platform."

Doug Morgan, president of SunGard's institutional asset management business, said: "SunGard's Asset Arena has successfully filled what was previously a void for sophisticated money managers like Aperio Group. The Asset Arena platform combines the economic advantages of scalable ASP delivery with comprehensive support for the investment workflow of leading asset managers. We are pleased to be working with Aperio Group to support the firm's current business and provide a platform to facilitate its continued growth."