NEW YORK, July 26, 2011 /PRNewswire/ -- SunGard's APT has been voted best risk management software at the Hedgeweek USA Awards 2011. The Hedgeweek Awards for excellence among hedge fund managers and service providers honored the U.S. industry's best performers and their ability to demonstrate consistency and depth of expertise against a backdrop of a more complex, but also potentially more rewarding, investment climate.

SunGard's APT was recognized as "Best Risk Management Software" for its robust factor-based risk methodology and its excellent client service. The award was decided by the votes of Hedgeweek's nearly 20,000 U.S.-based subscribers, who include institutional and high net worth investors as well as managers and other industry professionals at firms including fund administrators, prime brokers, custodians and advisers.

Bill Stone, chief investment strategist at PNC Financial Services, a customer of SunGard's APT, said, "SunGard's APT has a great factor model approach, which captures 'fat tails' and is very flexible around investment decision making. APT helps us make better informed investment decisions and build better portfolios."

Rob Mackay, chief operating officer of SunGard's APT business unit, said, "This award is a testament to our strong U.S. customer base, to whom we owe this win. Customers of SunGard's APT value the flexibility of APT's portfolio construction, optimization and risk reporting capabilities and we would like to thank them for this compelling endorsement."

About SunGard's APT

SunGard's APT provides investment technology for a broad range of asset classes, countries and regions including data and software for understanding market risk, credit risk, liquidity risk and for portfolio construction and performance analysis. APT provides investors with statistical market risk models, performance and risk analytics and portfolio optimization and construction tools. APT's customers include institutional and retail asset managers, pension funds, private wealth managers, hedge funds, broker/dealers, prime brokers and proprietary traders. www.sungard.com/apt/learnmore

About SunGard

SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves more than 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, visit www.sungard.com.

Trademark Information: SunGard, the SunGard logo and APT are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders

For more information, please contact:
Adriana Senior
SunGard Financial Systems
Tel: +1 718 578 1130
Email: adriana.senior@sungard.com

SOURCE SunGard

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