SEB Investmentservice Goes Live with SunGard’s Asset Arena Investor Account Management

Frankfurt/Main – 13 September 2007

SunGard today announced that SEB Investmentservice GmbH (SEB ISG), a wholly owned subsidiary of SEB Asset Management AG Frankfurt am Main, has successfully gone live with SunGard’s Asset Arena Investor Account Management solution. SunGard’s Asset Arena is a suite of front- to back-office solutions that support the entire lifecycle of investment processes and operations.

The Asset Arena solution is delivered to SEB ISG via an ASP-framework, maintained by SunGard’s data processing centre in Frankfurt. SEB ISG is able to benefit from lower total cost of ownership (TCO) while offering its customers an extended range of services for investment account management.. Today, SEB ISG manages assets accounts for three of its clients: SEB Immobilien-Investment GmbH, SEB Bank AG as well as AmpegaGerling Investment GmbH via SunGard’s ASP model.

Stephan Beckmann, chief executive officer at SEB ISG, commented: “Asset Arena’s range of services impressed us from the start. As we have to provide comprehensive management of investor accounts and transactions, as well as the ability to process savings plans and new fund products in a short time and at a high level of security, SunGard Asset Arena was the solution of choice. We were very impressed with the SunGard project team, who delivered a seamless transition of all our clients’ assets accounts, under a running system, with no downtime. We therefore feel confident that we have made the right decision in choosing SunGard as our solution partner.”

“SunGard’s Asset Arena solution has given SEB ISG the confidence to provide sustainable service levels, as well as seamless transaction processing, across their day-to-day investment account management operations and services“, said Thorsten Junike, chief operating officer of SunGard Forbatec GmbH. “We are pleased that SEB has chosen Asset Arena, and look forward to working closely with them in the future.”

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