SunGard Releases InvesTier Version 3.0

Hinsdale, IL - March 21, 2005 - SunGard (NYSE:SDS) today announced the release of InvesTier version 3.0. InvesTier automates investor accounting and reporting workflow to help alternative investment firms operate more efficiently, while helping to reduce the costs and risks associated with error-prone manual processing. Version 3.0 offers many new features designed to help enhance ease-of-use, facilitate increased automation and improve functionality. New features include:

· Support for evolving segregated portfolio requirements for the handling of side pockets and restricted investments.

· Support for fully automated series collapse.

· One-stop fund set-up that helps to simplify the set-up process for complicated fund structures.

· Expanded screen information that delivers improved access to online help documents.

· Enhanced fee capabilities that address complex hedge fund fee structures.

· New interface between INVEST ONE and InvesTier that automates the transfer of data between the two platforms to offer a fully integrated solution.

"We are pleased with the enhanced functionality available in InvesTier version 3.0," said Doug Morgan, president of SunGard's InvesTier business unit.

"This release represents a major step forward and reinforces our commitment to developing a comprehensive partner and shareholder accounting and reporting solution for hedge funds and funds-of-funds."

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