Front Announces Two Appointments

04 November 2003 – Front Capital Systems, an operating unit of SunGard (NYSE:SDS), today announced two appointments to its management team.

Farid Tamaddon has been appointed Senior Vice President Professional Services. He will be responsible for overseeing the service and delivery functions of Front's products. This includes merging Front’s existing product lines onto one baseline for implementation and support. Mr. Tamaddon brings over 20 years experience to this role with specialist knowledge in derivatives, foreign exchange, fixed income and risk management. He has previously held senior roles within both vendor and client side organisations.

Bhaskar Dasgupta has been appointed Director of Business Solution Management and will focus on ensuring Front’s products effectively meet customer requirements. Bringing over 14 years industry experience to the role, including five years with SunGard, Mr. Dasgupta possesses a thorough understanding of front- and middle-office, and accounting and settlement systems. He also has extensive experience across equities, fixed income, foreign exchange, credit and derivatives.

"Both appointments will increase our ability to deliver superior solutions in line with our customers’ present and future needs," commented Stephen Butcher, chief operating officer at Front Capital Systems. "Front’s global management team will be strengthened by the two appointments, which reinforce our commitment to providing the highest level of service to our customers and ensuring quality throughout the whole product cycle."

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