Asset Arena allows Crederian to process shareholder records in a specialized and automated fashion, supporting the firmâs commitment to providing tailored services. SunGardâs Asset Arena Transfer Agency will help Crederian deliver new service offerings and complex tax reporting to specific groups of investors without significantly increasing its staffing levels. The firm will take advantage of SunGardâs service-based delivery, giving investors Web access to transfer agency recordkeeping and reporting services while maintaining data in a secure environment.
Vince Ciavardini, president and chief executive officer of Crederian Fund Services, said, âWe selected SunGardâs Asset Arena because of the strength of its reputation and the quality of its solutions. We continue to be impressed with SunGardâs responsiveness to our requirements and with the speed and ease of implementing Asset Arena Transfer Agency. With the help of SunGard and Asset Arena, we can stay focused on our business, customize services to our clientsâ needs, and continue to expand our product offerings.â
Mark Judah, senior vice president and managing director of SunGardâs Asset Arena Transfer Agency business unit, said, âBy providing Crederian with a fully hosted transfer agency platform like SunGardâs Asset Arena, we were able to provide Crederian Fund Services with a cost-effective solution in a timeframe that met their demands."