Mr. Quinn has over 15 years experience in international institutional financial services, with assignments ranging from Hong Kong to New York and London. He also has proven experience within the prime brokerage/electronic trading arena. Prior to joining SunGard, Mr. Quinn was chief executive officer of Trade Stream Global. Before this he held various roles at Deutsche Bank, Lehman Brothers and Morgan Stanley.
Mr. Quinn said, âI am very pleased to have joined SunGard in such an interesting and challenging role. It is a company with the breadth and power to offer global solutions, coupled with an agility to adapt to the changing needs of such a fast-moving industry. Alternative investments is the fastest growing global asset class today, as the sector matures and with the growing range and complexity of instruments traded, the technology supporting this activity becomes critical.â
Ron Lang, group chief executive officer of SunGardâs Enterprise Solutions group, added, âWe are delighted that Gareth has joined us to help deliver SunGardâs solutions to the alternative investments sector. Given the breadth of SunGard customers operating in this space and the diversity of products we offer to the sector, Garethâs extensive experience will prove valuable in helping ensure we deliver comprehensive and innovative solutions.â
Facts: SunGard and Alternative Investments
SunGard offers a family of alternative investments software and service solutions to global hedge funds, private equity funds, fund-of-funds, and fund administrators. These solutions support multiple strategies and asset classes, including equities, FX, interest rate, commodities, convertibles, and their derivatives. Solutions range from specialized applications for niche businesses like commodities, convertible bond, global repo, stock finance and listed options trading, to enterprise-wide, straight-through processing solutions for trading and risk management and investor and portfolio accounting.
Â· More than 180 hedge funds use SunGard products
Â· 46 of the Alpha 2005 Hedge Fund 100 use SunGard products
Â· Over 25 hedge funds use FAME as a source of historical and market data
Â· Over 25 hedge funds use Microhedge for real-time options trading and risk management
Â· Investment managers, banks, hedge funds and custodians account for $10 trillion in assets on InvestOne Enterprise, SunGard's global investment accounting platform
Â· Over 900 hedge funds with $200 billion in assets are accounted for on InvestOne Enterprise and InvestTier, SunGardâs investment accounting and investor accounting solutions
Â· More than 80 hedge funds use Monis for valuing convertible bonds
Â· More than 20 hedge fund customers use Kiodex for energy trading