SunGard Financial Systems Placed in Leaders Quadrant by Leading Industry Analyst Firm

NEW YORK, Nov. 14, 2011 /PRNewswire/ -- SunGard Financial Systems has been positioned by Gartner, Inc. as a leader in its Magic Quadrant for Treasury and Trading Core Systems (TTCS).

Gartner, a leading global information technology research and advisory company, defines a TTCS as a "monolithic or componentized information system used to manage a company's position in one or more asset classes as well as act as the source of record for financial transactions from trade to settlement."

SunGard's TTCS suite was recognized in the report. It includes Front Arena for cross-asset electronic trading and position control; Sierra for FX trading and treasury; and Ambit Treasury Management for bank treasurers. The solution suite offers cross-asset class treasury capabilities and front-to-back-office functionality for financial institutions of varying sizes and profiles.

Harold Finders, chief executive officer, SunGard Financial Systems, said, "We view our Magic Quadrant leaders position as confirmation of SunGard as a key provider of treasury and trading core systems. Working closely with our customers has helped ensure that our solutions can help financial services firms not only manage but also capitalize on the latest challenges in the industry. This includes developing regulatory reporting capabilities to help our customers prepare for the new requirements that are being implemented in jurisdictions around the world, as well as new collateral management functionality to help treasury and trading businesses reduce risk and increase profit."

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About SunGard Financial Systems

SunGard Financial Systems provides mission critical software and technology services to financial services institutions, corporate and government treasury departments and energy companies. Our solutions automate the many complex business processes associated primarily with trading, managing investment portfolios and accounting for investment assets, and also address the processing requirements of a broad range of users within the financial services sector. In addition, we provide technology services that focus on application implementation and integration of these solutions, custom software development and application management.

About SunGard

SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves over 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, 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. Look for us wherever the mission is critical. For more information, visit www.sungard.com.

Trademark Information: SunGard, the SunGard logo, Front Arena, Sierra and Ambit 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: [email protected]

SOURCE SunGard Financial Systems