WAYNE, Pa., March 30, 2011 /PRNewswire/ -- SunGard, one of the world's leading software and technology services companies, announced today that its Board of Directors has approved the appointment of Harold Finders as chief executive officer of SunGard Financial Systems, SunGard's largest business. Mr. Finders was appointed chief executive officer of SunGard Financial Systems in late-November 2010 and was division chief executive officer since April 2007.
Mr. Finders joined SunGard in 1996 with the acquisition of NCS Financial Systems and has held various senior management positions throughout the company. Previously, he held senior positions at Digital Equipment Corporation and led the divestment of its private banking software business, subsequently taking the role of managing director and then selling the business to NCS in 1994. Mr. Finders holds an MBA-equivalent from the University of Lausanne.
Cristobal Conde, SunGard's president and chief executive officer, said, "Harold has a very strong track record of creating value, accelerating growth and driving change through highly collaborative global teams. We are confident in Harold's leadership of SunGard Financial Systems as it continues to align with the megatrends and customer strategies that will determine the future of the finance industry."
About SunGard Financial Systems
SunGard Financial Systems provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry. The primary purpose of these systems is to automate the many detailed processes associated with trading, managing investment portfolios and accounting for investment assets. These solutions address the processing requirements of a broad range of users within financial services, including asset managers, traders, custodians, compliance officers, treasurers, insurers, risk managers, hedge fund managers, plan administrators and clearing agents. In addition, we also provide professional services that focus on application implementation and integration of these solutions and on custom software development. For more information, visit www.sungard.com/financialsystems.
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 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 about $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, visit www.sungard.com.
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