London, 06 July 2006 – SunGard today announced that FRONT ARENA has achieved the highest customer satisfaction rating for trading and risk management by customers at major UK trading firms according to the annual UK Dealing Room Survey, published by independent market research and advisory firm Kimsey Consulting. FRONT ARENA was also ranked number one trade capture, trading, risk, portfolio and asset management platform in Kimsey's U.S. tri-state trading technology survey, published earlier this year.
The Kimsey Consulting’s UK Dealing Room Survey analyses detailed interviews conducted with end-users and management at trading operations, whose total number of trading positions equated to around one-quarter of the UK industry.
”We are pleased that major global institutions are consistently ranking SunGard's FRONT ARENA as their preferred trading and risk management solution. We will continue to work in partnership with our customers to help ensure that best practices and functionality are deployed through our technology solutions." said Peter Banham, global head of product management and marketing groups, SunGard’s FRONT ARENA business unit.
Last month, FRONT ARENA was awarded ‘Buy-side Project of the Year’ by The Banker magazine for its successful on-time, on-budget implementation at hedge fund Peloton Partners LLP.
