BEC Fund Administration is the first GLOBAL PORTFOLIO II client in Switzerland

Paris, July 22, 2002 - SunGard Investment Management Systems, an operating group of SunGard (NYSE: SDS), today announced that SFF Investment Funds, Geneva (Switzerland) has gone live with GLOBAL PORTFOLIO II. 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.

In 2001, SFF Investment Funds Ltd, a subsidiary company of Sandoz FF Holding
Bancaire et Financière SA Group decided to update its fund administration software solution. GLOBAL PORTFOLIO II was chosen by a panel of experts including software specialists, accountancy experts and experienced software
users. It replaced an internal software system. Modules such as
multimanager and intrapooling offer SFF Investment Funds an advanced level
of technology for the future. With GLOBAL PORTFOLIO II, SFF Investment
Funds is better able to manage all of its funds in accordance with Swiss

Mr. Christian Rizzi, SFF Investment Funds first vice president, commented,
"The asset management business is changing and developing fast in Switzerland. Clients are increasingly sophisticated and better informed. They insist on performance and require not only information but also advice and global services. It is vital for SFF Investment Funds to meet these demands, and we expect that GLOBAL PORTFOLIO II will be the software solution to help us provide such a service of excellence."

Mr. Xavier Borderies, vice president product management at SunGard Investment Management Systems, commented, "This first reference in Switzerland is very important for GLOBAL PORTFOLIO II. This success confirms our strategy of European development. SunGard Investment Management Systems is already well established in Switzerland in the private banking domain with its APSYS III solution. It is an important market in which GLOBAL PORTFOLIO II aims to mark its presence in the fund management domain."

About SFF Investment Funds Ltd, Geneva
SFF Investment Funds, created over 4 years ago, is one of the seven companies (which includes Banque Edouard Constant) belonging to the Sandoz FF Holding Bancaire et Financière SA Group based in Geneva. The company is defined as the centre of competence for the Group in the domain of investment funds. It is active in the creation, administration, monitoring, marketing and distribution of all categories of investment funds both for the companies of the Holding and for third party financial institutions. Clients are located locally in Switzerland as well as worldwide.

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