Pátria Investimentos signs for SunGard Investran

Source: SunGard

Pátria Investimentos, one of Brazil's largest alternative investment management and corporate advisory firms, has selected SunGard's Investran for portfolio and partnership accounting.

Investran will help the firm improve efficiencies, reduce operational risk and increase reporting capabilities.

SunGard's Investran will provide Pátria with enhanced information and reporting to its managers and investors, as well as a flexible and scalable infrastructure platform that will help Pátria adjust to a global customer footprint, increasing product complexity and new fund structures. With investments in private equity, infrastructure and real estate, Pátria has one of the most diversified portfolios of alternative investments in Brazil, and also provides a vast range of services in financial and corporate advisory.

Marcelo Nogueira, chief financial officer of Pátria Investimentos, said, "SunGard's Investran will help us streamline our operations through the elimination of manual and redundant processing, which will also help us create a more controlled environment. We believe that we can rely on the strength of SunGard's reputation and solutions to help us address investor demands for transparency and robust reporting, as well as meet our high standards for risk mitigation."

Lauren Iaslovits, chief operating officer of SunGard Investran, said, "Rapid growth in Brazil combined with increased regulations and greater investor demand for transparency have been pressuring financial services firms to improve efficiency and reduce risk through technology automation. Pátria Investimentos, an important player in Brazil's economic expansion, will capitalize on these changes by working with SunGard to help improve its operational environment and provide more transparency and better services to its investor clients." 

Comments: (0)