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SunGard Wins Systems in the City Awards for Best Corporate Actions Solution and Best Data Provider

SunGard has won the 2014 Systems in the City Awards for Best Corporate Action Solution and Best Research and Analytics Tool for its XSP and Astec Analytics solutions, respectively. SunGard won the awards after securing the GoodAccreditation standard from Goodacre UK, a leading specialist consultancy for the securities and financial services industry.

An independent panel of judges recognized SunGard’s XSP for the fourth year in a row for its capabilities in addressing the complexity of corporate actions processing and automation, helping to reduce risk and create straight-through processing (STP) for the back office. SunGard’s Astec Analytics, known for providing securities lending data that can be used to help make decisions about short selling, was selected for its ability to deliver global intraday rate and volume information on securities lending transactions as well as analytics and benchmarking tools for trading, performance measurement and program management.

“The Goodacre UK accreditation and Systems in the City Awards focus on the strengths and achievements of financial industry vendors. SunGard’s XSP and Astec Analytics were chosen as the leaders in their categories for delivering innovative corporate actions and market data solutions. They have demonstrated their dedication to providing reliable technology.” – Stephen Pinner, managing director, Goodacre UK

“We are thrilled to receive this award and accreditation from Goodacre UK, because it is a reflection of SunGard’s ongoing commitment to excellence, our focus on customer service and our dedication to developing innovative solutions. The XSP team works diligently to help our customers attain higher levels of efficiency and smarter operations in automating corporate actions.” – Brendan P. Farrell, Jr., executive vice president and general manager, SunGard’s XSP

“Financial firms across the securities financing industry need accurate market data to satisfy regulatory mandates, capitalize on opportunities and benchmark their performance. SunGard’s Astec Analytics helps increase transparency and accessibility in the market, and therefore helps our customers trade more effectively.”- Tim Smith, executive vice president, SunGard’s Astec Analytics