SunGard Financial Systems Wins Two ‘Systems In The City’ Awards
SunGard Financial Systems has won two 2014 Systems in the City Awards for Best Corporate Action Solution and Best Research and Analytics Tool for its XSP and Astec Analytics solutions.
SunGard, which provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry, won the awards after securing the Good Accreditation standard from Goodacre UK – a leading specialist consultancy for the securities and financial services industry.
For the fourth year in a row, judges recognized SunGard’s XSP for addressing complex corporate actions processing and automation – helping to reduce risk and create straight-through processing (STP) for the back office.
SunGard’s Astec Analytics, which provides securities lending data to help make decisions about short selling, was selected for its ability to deliver global intraday rate and volume information on securities lending transactions – as well as analytics and benchmarking tools for trading, performance measurement and program management.
Stephen Pinner, managing director at Goodacre UK, said called the SunGard systems “leaders in their categories.”
“We are thrilled to receive this award and accreditation from Goodacre UK, because it is a reflection of SunGard’s ongoing commitment to excellence, our focus on customer service and our dedication to developing innovative solution,” said Brendan Farrell Jr., executive vice president and general manager at SunGard.
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