21 October 2017
visit www.avoka.com

Raiffeisen Capital Management live on latest SunGard Asset Arena

18 October 2010  |  2195 views  |  0 Source: SunGard

Raiffeisen Capital Management, one of Austria's leading asset managers, has collaborated with SunGard to develop the latest release of SunGard's Asset Arena Investment Management. Version 7 extends functionality to include more advanced tools for portfolio analysis and modeling.

Raiffeisen Capital Management has gone live on the latest version to help enhance its front-office analysis, data integration, risk management and compliance productivity.

SunGard's Asset Arena Investment Management helps asset managers optimize operational efficiencies and manage risk by automating the processing of investment decisions, monitoring compliance activities and streamlining trading workflow. The latest release also enhances middle-office capabilities and provides portfolio managers with more tools for accurate position keeping and cash management. Raiffeisen Capital Management acted as an advisor on the development of the solution, and participated in system testing. By collaborating with Raiffeisen, SunGard has been able to deliver enhancements that are specifically tailored to the needs of its customers, including user interfaces, real-time capabilities and asset allocation and rebalancing functionalities.

Harald Frodl, head of middle office at Raiffeisen Capital Management, commented, "With Asset Arena, we are now able to provide portfolio analysis and front-office simulation to more than 80% of our users, helping us to migrate away from proprietary-built spreadsheets and other outdated tools. This helps us to ensure better data integration and to reduce the risks of operational errors. Additionally, we are able to achieve approximately a 35% increase in productivity across all compliance activities, resulting in a real and measurable return on investment."

Doug Morgan, president of SunGard's institutional asset management business, said, "Collaboration is a critical factor in SunGard's ability to deliver solutions aligned with the needs of our customers. A customer and partner for more than 10 years, Raiffeisen Capital Management is one of a number of customers that have been instrumental in advancing Asset Arena as we continue to evolve our solutions' functionality and technology, and support the industry's growing needs."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.innotribe.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8799 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8618 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7703 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7172 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6780 views comments | 14 tweets | 23 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job