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SunGard switches Investar One to Web-based platform

27 July 2005  |  1968 views  |  0 Source: SunGard

SunGard (NYSE:SDS) announced today that it will enhance the technology underpinning of Investar ONE, its global mutual fund shareholder accounting system, migrating from client/server to a Web-based platform.

The new platform will give mutual fund sponsors and broker dealers around the world, 24/7 Web access to SunGard's real-time, high-volume transfer agency platform.

In moving to a Web-based environment Investar ONE will be deploying Web Services and XML-enabled data which will help facilitate integration with other SunGard and third party applications. Investar ONE will help provide greater efficiency by eliminating the installed client and replacing it with a Web-based client that offers richness and functionality.

According to Mark Judah, chief technology officer of SunGard's Investar ONE business unit, "Given SunGard's expertise in managing applications, we help provide a cost effective and resilient hosting model for our Investar ONE customers. As part of our plan to expand the use of Investar ONE, we are incorporating the industry's latest software features and functionality, while also laying a foundation for future development projects and changing industry conditions."

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