Improved Front-end capabilities with Real-time Order Management and multidimensional Compliance
Paris, September 15, 2004 - SunGard Investment Management Systems, an operating group of SunGard (NYSE: SDS), today announced that Nextra Investment Management has successfully migrated its investment management operations to Decalog V5.0. SunGard Investment Management Systems is a leading international provider of investment management software solutions for the front-, middle- and back-office activities of global asset management firms. Decalog helps Nextra to streamline workflow and achieve regulatory compliant straight-through processing.
Nextra Investment Management is using the new Java-based and FIX-compliant Decalog trading blotter. Users enjoy efficiency and speed of execution of the trade entry process, order status visualization and filtering, and enhanced real-time color coding for trade status They can also benefit from the new design of the Compliance module, allowing them to cover pre-trade controls from regulatory rules to counterparty risk.
Alberto Bollea, project manager at Nextra Investment Management in Milan, and Maurizio Galani, Decalog IT manager at Nextra, both consider Decalog an efficient solution supporting the investment process. Nextra has smoothly migrated to Decalog V5.0 and has experienced improved stability of the system. The 3-tier architecture of Decalog V5.0 has been redesigned to include a user friendly interface and enhanced workflow, as well as powerful compliance functionality. All of this will allow Nextra to further extend usage of FIX, to include derivatives and basket trading capabilities, and foreign exchange order management and compliance.
Harold Finders, managing director of SunGard Investment Management Systems in Europe, commented, "We are pleased to report the successful migration of Decalog from version 4.1-03 to Java-based version 5.0. We are delighted to have had the opportunity to work closely with the fine team at Nextra Investment Management. Decalog is ideally suited to growing asset managers, who want to embrace industry best practices in order management and straight-through processing."