SunGard to Provide AvantGard Solution for Treasury and Cash Management to ACA Capital

CALABASAS – October 3, 2005 - SunGard today announced that New York-based ACA Capital Holdings, Inc., a specialized financial services company, has selected SunGard’s AvantGard for treasury and cash management. AvantGard is a leading treasury and risk management solution suite offering Internet/intranet-based currency and commodity trading and risk management, cash management and accounting within a single environment.

ACA Capital selected the treasury solution to automate its cash management process on account of AvantGard’s functionality and ease-of-use. It also selected AvantGard ETX, SunGard’s real-time messaging network that seamlessly connects existing treasury management processes within an enterprise to those of third party systems, helping provide corporate customers secure and reliable straight-through processing.

"We selected AvantGard based on the reputation of both the software package and that of SunGard. As a growing financial services company, we can depend on AvantGard’s treasury solution to help increase automation and provide support for our comprehensive cash management," said Adam Willkomm, treasurer of ACA Capital.

"ACA Capital’s increased capitalization in the last year has required it to seek expanded, flexible treasury solutions to help meet its changing treasury needs. We are pleased to act as its technology partner as it continues to grow," said Ken Dummitt, president of SunGard’s AvantGard business unit.

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