The awards were created to recognize the successes of firms providing private equity advisory services. A panel of senior institutional investors, advisors, financiers and private equity practitioners voted for firms who achieved high standards of innovation and excellence in their field. SunGard's Investran was selected from a shortlist of five nominees in the Software Provider of the Year category.
Lauren Iaslovits, chief operating officer of SunGard's Investran business unit, said, "We are delighted to be named Software Provider of the Year for the third consecutive year. This independent award acknowledges SunGard's continued commitment to develop a leading private equity solution for a global customer base of nearly 300 firms in 20 countries. Investran's fully integrated platform is designed for the unique needs of private equity and alternative investment firms and its flexibility is a testament to its ability to help customers meet the industry's changing needs."