ARCA SGR SpA Implements SunGard's Asset Arena Trader Version 6.0

24 April 2008

SunGard today announced that ARCA SGR SpA (ARCA) has implemented SunGard’s Asset Arena Trader Version 6.0 solution to help expand and further automate its trading operations. With total assets of € 24 billion, ARCA is one of Italy’s leading asset managers. SunGard’s Asset Arena Trader (http://www.sungard.com/assetarena) is a global electronic trading and order management solution for asset managers.

To grow its business in an increasingly competitive environment, ARCA needed to enhance the scalability and operational efficiency of its trading platform for fixed-income securities. Key objectives included automating order management workflow and opening market connectivity to inter-dealer trading platforms. Asset Arena Trader 6.0 will help ARCA connect to trading platforms and access deep pools of liquidity in fixed income markets.

“We have been using SunGard’s Asset Arena since 2002, due to its functional coverage and ability to meet our business needs,” commented Andrea Marchesi, head of ARCA’s organization department. “Asset Arena Trader Version 6.0 was implemented over a four-month period with the help of SunGard’s Asset Arena professional services team. It has helped us to realize the benefits of enhanced market connectivity to achieve best execution, as well as full automation of trade placement and execution. Thanks to the FIX protocol, which ARCA has been using successfully for equity trades since 2002, Asset Arena Trader has helped ARCA to manage more than 65% of its equity and fixed income trades. With the implementation of Version 6.0, our objective is to increase this percentage up to 80% by the end of 2008.”

Eyal Yaron, managing director of SunGard’s Asset Arena Trader, Manager and Compliance solutions, commented: “We value our relationship with ARCA and have worked closely with them to deliver technology enhancements that will support their growth objectives. Asset Arena Trader 6.0 will help ARCA meet more complex trade operation requirements in the fixed-income markets, while also helping expand its trade processing volumes and achieve best execution.”

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