UFJ Tsubasa Securities Selects FRONT ARENA for Credit Derivatives

London - 10 November 2003 - Front Capital Systems, an operating unit of SunGard (NYSE:SDS), today announced that UFJ Tsubasa Securities Co. Ltd. has selected FRONT ARENA to support its domestic credit derivatives activities in Japan. UFJ Tsubasa Securities decision was based on FRONT ARENA’s comprehensive functionality, user-friendly navigation and flexibility to adapt to the dynamic marketplace.

Amongst the competing vendors, UFJ Tsubasa has viewed FRONT ARENA to have the strength in trade controls and processes that will allow them to take advantage of the expanding domestic credit market. FRONT ARENA will provide the platform to help UFJ Tsubasa to structure complex credit derivative products for its customers.

"We are extremely pleased to be working with UFJ Tsubasa," stated Yuji Tanaka, sales manager, Japan/Korea at SunGard’s Front Capital Systems. “FRONT ARENA’s architecture has been designed to enable financial institutions to take a broad-based approach to their credit trading activities. We believe that UFJ Tsubasa will achieve efficiency gains from managing its credit trading business on one platform, helping it to concentrate on positioning itself as a leader in this segment."

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development