SunGard Investment Management Systems, an operating group of SunGard (NYSE: SDS), today announced that KBC Asset Management (KBCAM) has extended its contract with Decalog, demonstrating continued confidence in SunGard's portfolio and order management solution.
SunGard Investment Management Systems is a leading international provider of investment management software solutions for the front-, middle- and back-office activities of global asset management firms. Decalog provides decision support and assists trading departments to streamline workflow and achieve straight-through processing.
KBC Asset Management is one of Europe's leading asset management companies. KBCAM has been using Decalog in Brussels since 2000. The extended contract for the use of Decalog will enable KBCAM to automate the workflow of its investment operations between its headquarters in Brussels and investment operations in Eastern and Central Europe. CSOB, based in Prague, is one of the first affiliated companies from KBC group to implement Decalog.
Marc De Leeuw, program manager at KBCAM in Brussels, said, "Decalog is a valuable and efficient solution supporting our portfolio compliance process. It also enables us to centralize our investment management data in Brussels for better centralization at a group level. Decalog is a flexible cost-saving solution that can easily be customized to our needs."
Harold Finders, managing director of SunGard Investment Management Systems in Europe, commented, "We are delighted to be working with KBC Asset Management, delivering the products and services that help ensure the quality of internal workflow for its investment management operations. Decalog is a flexible, scaleable, cross-asset solution that offers asset managers the means to obtain control, oversight, transparency and internal connectivity between different locations."