LONDON, November 5, 2001 - SunGard Investment Management Systems, an operating group of SunGard (NYSE: SDS), today announced that Hill Martin Asset Management Ltd (HML) has licensed PAL, SunGard's Web-enabled private client investment management solution. PAL offers a front-to-back investment accounting and reporting service for UK asset managers of private clients. PAL's comprehensive reporting package is a central feature of the PAL Service.
HML will use the PAL service to enhance their discretionary investment
management service to private clients, trusts, companies, and pension funds.
Brian Thorn, finance director of HML, commented, "SunGard's commitment to
centralised service based systems, from which core system developments
readily benefit all users, was a major factor in our decision to use the PAL
service. The sense of partnership expressed by existing users encouraged us
to believe that by using PAL we will deliver a high level of quality
reporting to our clients."
John Munro, general manager of PAL, adds, "The PAL Service has strengthened
its position over the years in a marketplace that is subject to constant
change. It is a comprehensive service management solution for managers of
private client portfolios, which makes it an ideal product for HML. The
license is offered on a managed service basis and is fully Web-enabled. We
look forward to establishing a close working relationship with HML."
About Hill Martin Asset Management Ltd Hill Martin Asset Management Limited offers discretionary portfolio management services to private clients, trusts, companies and pension funds. Their aim is to enhance and maintain the real value of their customer's portfolio by conservative investment in the global equity and fixed interest markets. Management decisions are tailored to meet client requirements and needs, and focus on the main objectives and attitudes to risk. HML Trademark Information: SunGard, the SunGard logo and PAL are trademarks or
recognise the importance of providing a comprehensive level of service and
will relieve, where possible, the administration associated with their
client's portfolio. HML clients also benefit from the facility to integrate
their investment management with the group's other strategic advisory services which may confer significant additional benefits. About SunGard Investment Management Systems SunGard Investment Management Systems provides in-house and ASP solutions to the buy-side investment management market for trading, portfolio management, compliance, investment accounting, private banking, performance measurement and attribution applications. These products support comprehensive straight-through processing from trade initiation, to execution using client-selected brokers, through accounting and client reporting. SunGard
Investment Management Systems' solutions support the complex needs of many
of the largest financial service firms in the world representing in
aggregate over $7 trillion in assets processed daily by these solutions.
About SunGard SunGard (NYSE: SDS) is a global leader in integrated IT solutions and eProcessing for financial services. SunGard is also the pioneer and a
leading provider of high-availability infrastructure for business
continuity. With annual revenues in excess of $1 billion, SunGard serves
more than 20,000 clients in over 50 countries, including 47 of the world's
50 largest financial service institutions. Visit SunGard at www.sungard.com
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.
Trademark Information: SunGard, the SunGard logo and PAL are trademarks or