WAYNE, Pa., July 25, 2011 /PRNewswire/ -- SunGard has been ranked the number one vendor in global revenue growth for 2010 in Gartner, Inc.'s "Market Share Analysis: Banking and Securities Vertical-Specific Software (VSS), Worldwide, 2010"(1) published May 6, 2011. The expansion of SunGard's products and services offerings and geographical presence is the result of a proven business strategy, seasoned industry expertise, and continuous product innovation.
Gartner's specific definition of banking and securities includes core banking, treasury management, trade and related settlement, governance risk and compliance, and asset management. Gartner defined banking and securities VSS as software applications unique to the banking and securities industry. These are stand-alone applications that are modules or extensions of horizontal applications.
Harold Finders, chief executive officer of SunGard Financial Systems, said, "At SunGard we are
helping our customers capitalize on the changes happening in the finance industry by focusing on transparency, efficiency and networks. For example, we are helping them with more transparent and accurate risk management, compliance with new and future regulations, improved process efficiencies and greater network connectivity. Our strategy is to provide more value to existing customers from the breadth and depth of our products and services and to be a long-term partner to them; to expand in economies that are growing fastest today; and to continue our ongoing product innovation."
(1) Gartner "Market Share Analysis: Banking and Securities Vertical-Specific Software, Worldwide, 2010" by Marianne D'Aquila, Vittorio D'Orazio, and Kristine Pfeiler. May 6, 2011
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 more than 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. Look for us wherever the mission is critical. For more information, please visit www.sungard.com.
Trademark Information: SunGard and the SunGard logo 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.
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