SunGard Financial Systems Placed in Leaders Quadrant by Leading Industry Analyst Firm

SunGard Financial Systems has been positioned by Gartner, Inc. as a leader in its Magic Quadrant for Treasury and Trading Core Systems (TTCS).

Gartner, a leading global information technology research and advisory company, defines a TTCS as a ”monolithic or componentized information system used to manage a company's position in one or more asset classes as well as act as the source of record for financial transactions from trade to settlement.”

SunGard’s TTCS suite was recognized in the report. It includes Front Arena for cross-asset electronic trading and position control; Sierra for FX trading and treasury; and Ambit Treasury Management for bank treasurers. The solution suite offers cross-asset class treasury capabilities and front-to-back-office functionality for financial institutions of varying sizes and profiles.

Harold Finders, chief executive officer, SunGard Financial Systems, said, “We view our Magic Quadrant leaders position as confirmation of SunGard as a key provider of treasury and trading core systems. Working closely with our customers has helped ensure that our solutions can help financial services firms not only manage but also capitalize on the latest challenges in the industry. This includes developing regulatory reporting capabilities to help our customers prepare for the new requirements that are being implemented in jurisdictions around the world, as well as new collateral management functionality to help treasury and trading businesses reduce risk and increase profit.”