operating group of SunGard (NYSE: SDS), today announced that the
Netherlands' ABP Investments, the asset management division of Stichting
Pensioenfonds ABP, has selected SunGard's Decalog for straight-through
processing. 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 provides decision support, compliance, performance measurement and
attribution, and assists trading departments to streamline workflow.
With total assets of EURO 150 billion under management, ABP is one of the
world's largest pension funds. ABP Investments recently began working in a
multi-client environment. The company's ambitious investment strategy has
resulted in a considerable increase in equity and alternative investments
and credits and further internationalization of its portfolio management.
The need to optimize its information system has become one of ABP's key
ABP Investments has selected the full Decalog suite for an implementation in
both Heerlen and Amsterdam in order to achieve greater compliance and
security. ABP will integrate Decalog with its information system
architecture by linking the portfolio management and trading solution to its
back-office and risk management software.
Mr. Rob Bauer, project manager front-office at ABP Investments commented,
"We see our cooperation with SunGard as a long-term partnership. Our goal
is to integrate Decalog in our system architecture and achieve
straight-through processing. We needed a front-office system to support the
implementation of our ambitious investment strategy. After a rigorous
selection process and functional tests, Decalog was the system to best
answer our business requirements. We did not want a proliferation of
different front-office packages and we required a combination of portfolio
management, trade order management, compliance, trading and performance
measurement and attribution. Decalog also supports a wide array of
Harold Finders, president of the Decalog operating unit and managing
director of SunGard Investment Management Systems, Europe, said, "We are
delighted to partner with ABP Investments. Our philosophy is to provide
solutions that increase our clients' processing efficiency and support them
in their future growth. The new contract with ABP Investments also marks
the Decalog's debut in the Netherlands, one of the world's most highly
developed pension fund industries."