Prudential Portfolio Managers Deploys SunGard's Asset Arena

London - 26 November 2007

SunGard today announced that Prudential Portfolio Managers, a leading South African investment management firm, has completed its implementation of SunGard’s Asset Arena Investment Accounting and Asset Arena Performance solutions to help support its growing asset management business.

Prudential Portfolio Managers manages over 100 client portfolios totaling over ZAR 65 billion (9.3 billion USD) in assets under management. A key factor in Prudential’s selection of Asset Arena was SunGard’s ability to deliver a robust set of portfolio administration and client reporting tools, on an integrated platform, that are able to keep pace with Prudential’s successful growth

“Our strong growth has driven the need for a more sophisticated global technology platform. SunGard’s Asset Arena will help us to improve the operational efficiency and service quality that we provide to our clients,” said Grant Speirs, financial director at Prudential Portfolio Managers. “We are pleased with SunGard’s management of our conversion to Asset Arena and are excited about the new technology benefits Prudential and its clients will enjoy going forward.”

Doug Morgan, president of SunGard’s institutional asset management business, commented: “Asset Arena is designed to deliver tailored solutions to asset managers and third party administrators based on SunGard’s best-of-breed product portfolio and additional new components. Prudential Portfolio Managers is a good example of a rapidly growing asset manager faced with increasingly complex processing and reporting requirements. The company’s selection of Asset Arena Investment Accounting and Asset Arena Performance further validates SunGard’s ability to meet our customers’ needs for a scalable and flexible asset-servicing solution that adapts to their ways of doing business.”

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