CAHAM will continue to use Asset Arena on an outsourced basis, with application hosting and maintenance managed by SunGard. âWhile providing the benefits associated with outsourcing non-core business functions, SunGardâs Asset Arena has proven to be a robust, flexible and scalable solution that helps support the growth of our combined business. This, combined with strong local services and support, has been key to the continuing success of our SunGard relationship,â commented Phil Sturgess, chief operating officer at CAHAM.
âHaving worked with Cadiz since 2002, we are pleased to further our relationship with CAHAM. By providing enhanced functional capabilities based on a new technology and services framework, Asset Arena will enable CAHAM to consolidate and streamline its expanded front-office operations and therefore help improve operational efficiencyâ, commented Ettie Takacs, managing director at SunGard South Africa. âSunGard will continue to help CAHAM leverage Asset Arena to meet ever evolving industry challenges such as complex instrument coverage, electronic market connectivity and maintain best execution across the investment management lifecycle.â