SunGard announced today that it was cited as a leader in Financial Planning Software, among the select companies Forrester invited to participate in its September 2007 independent report, “The Forrester Wave™: Financial Planning Software, Q3 2007.”
In the report, SunGard’s PlanningStation financial planning solution, a component of SunGard’s WealthStation wealth management platform, was cited as “an especially good fit for financial services companies with a broad range of advisors, as well as firms requiring a global solution to integrate with existing tools. PlanningStation scored a perfect 5.00 for data integration and account aggregation capabilities, making it highly suitable for firms requiring a solution that integrates with existing applications and databases.” In addition, SunGard earned the highest score for market presence, which included client base, country presence and financials.
“SunGard’s global experience in working with large financial services institutions plays out in its financial planning software, which has strong enterprise functionality and integration capabilities,” wrote Alyson Clarke, principal analyst, Forrester Research, and author of the report. “PlanningStation also has strong enterprise capabilities in the areas of event trigger and alerts, client access, multi-advisor access and management reporting. Another advantage is the ability to access the system using single sign-on from any application.”
“SunGard is committed to meeting the ongoing needs of advisors and institutions as financial planning becomes a keystone in the larger process of managing a client’s financial lifestyle,” said Blaine Maxfield, chief operating officer of SunGard’s wealth management business. “PlanningStation’s strengths for institutions balance well with its retirement income and cash-flow planning capabilities designed to help provide advisors with greater sophistication.”
SunGard is a leading provider of wealth management solutions that help financial advisors, investment managers and compliance officers grow their businesses by meeting the needs of their mass affluent and high-net worth clients, expanding client relationships and gaining assets while fulfilling increasing regulatory demands. SunGard provides an integrated suite of services and best-of-breed point solutions for financial planning, asset allocation, portfolio management, unified managed account programs, trade execution, asset management, custody and trust accounting.