In all four categories, SunGard was named a leading vendor. Within the âbreadth of functionalityâ category, SunGard received the highest score due to extensive support for portfolio construction and asset allocation functionalities. SunGard also ranked highly in the top quartile in the âdepth of client servicesâ category. The study uses Celentâs âABCDâ Vendor View, which shows at a glance the relative position of wealth management technology vendors based on advanced technology, breadth of functionality, customer base (number of customers), and depth of customer service.
âPortfolio construction has become more difficult to administer, and advisors need to spend more time managing the client relationship and relying on technology for management and monitoring of client portfolios,â said Isabella Fonseca, senior analyst at Celent and author of the report. âThe dual focus of SunGardâs WealthStation on financial planning and portfolio construction is well received with customers who prefer to minimize the amount of systems and interfaces to maintain.â
âSunGard continues to make significant strides in helping banks, broker-dealers, advisor firms and investment managers succeed, by offering a comprehensive set of integrated, yet modular, wealth management capabilities,â said Blaine Maxfield, president of SunGardâs WealthStation business unit. âWe are committed to helping advisors become more effective in serving their clients over the long term, by continuing to build on our strengths in analytics, back-office and third party system integration, and intuitive workflows.â
SunGard is a leading provider of wealth management solutions that help financial advisors, investment managers and compliance officers grow their businesses by meeting the needs of their mass affluent and high-net worth clients, expanding client relationships and gaining assets while fulfilling increasing regulatory demands. SunGard provides an integrated suite of services and best-of-breed point solutions for new account opening, financial planning, asset allocation, surveillance and suitability, portfolio management, unified managed account programs, trade execution, asset management, custody and trust accounting. SunGardâs compliance solutions help wealth managers mitigate risk and automate trade supervision and code of ethics programs.