Columbia chose Investran because it needed a solution that could accommodate its business growth without having to add additional staff. Investran will be used for deal management, investor relations, fund and investor accounting and flexible reporting. Its integrated solution suite helps eliminate disparate databases to help increase operational efficiency and achieve improved levels of scalability for growth. Columbia will access Investran through SunGardâs hosted Infinity* Software-as-a-Service (SaaS) delivery model.
âUtilizing SunGardâs Investran on a SaaS delivery model will help us better focus on the business of investment management instead of having to worry about managing reams of spreadsheets and issues related to software hosting such as upgrades, data back-up and disaster recovery,â said Schuyler Havens, managing director at Columbia Pacific Advisors. âInvestran also gives us a proven solution with a reputation for reliability.â
âLike many investment firms, Columbia is looking to respond to growth by centralizing its workflows and keeping its staff count level,â said Lauren Iaslovits, chief operating officer for SunGardâs Investran business unit. âInvestran will provide Columbia with a fully integrated solution to help improve firm-wide efficiencies, reduce operational risks and streamline operations.â
SunGard Financial Systems is pursuing a visionary initiative to transform some of the key functionality of its core systems into components creating software-as-a-service (SaaS)-based solutions. Leading this initiative is Infinity, which uses a service-oriented architecture (SOA) development framework, offers a business process management platform (Infinity Process Platform) and a virtualized, on-demand delivery infrastructure.