SunGard today announced that Ultimus Fund Solutions, a premier service provider for small- to medium-sized mutual funds, has upgraded to the ASP Version 6.0 of InvestOne Enterprise, SunGardâs investment accounting solution for institutional and alternative asset managers and third-party administrators.
Ultimus Fund Solutions, an InvestOne Enterprise customer since 1999, is the first firm to take full advantage of the recent enhancements to the accounting and reporting solution. Released in June 2006, Version 6.0 represents the first release of InvestOne Enterpriseâs next-generation technology and the continued evolution of the platform into a configurable, enterprise solution, based on an extensible and scalable service-oriented architecture (SOA).
âThe recent enhancements to InvestOne Enterprise have exceeded our expectations and can help us continue to provide the greatest level of service to our clients,â said Theresa Bridge, vice president, mutual fund controller at Ultimus Fund Solutions. âOur business philosophy is to offer our clients a high level of individual service, based on strong relationships, without sacrificing quality for scale. With InvestOne Enterprise, we have a full range of functionality. As an ASP platform, InvestOne affords us the flexibility and scalability that helps us to tailor our services according to our clientsâ needs.â
âInvestOne Enterprise represents some of the most comprehensive and up-to-date technology available for fund accounting,â said Doug Morgan, president of SunGardâs investment systems business unit. âIn fact, the system was recently named the Most Innovative Fund Administration and Accounting Solution by Financial-i magazine. Ultimus Fund Solutions is a valued, long-standing customer and the companyâs adoption of our new technology demonstrates its continued recognition that InvestOne Enterprise has the depth and breadth to help investment managers and fund administrators improve efficiency, manage costs, and minimize risk.â