SunGard Adds Three Customers To ASP Portfolio Management Solution

SunGard announced that three new customers, including investment firm Tukman Capital Management. Inc. with about $10 billion in assets under management went live this month on IMpower, SunGard's ASP portfolio management solution. IMpower addresses the requirements of investment managers with

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SunGard announced that three new customers, including investment firm Tukman Capital Management. Inc. with about $10 billion in assets under management went live this month on IMpower, SunGard’s ASP portfolio management solution.

IMpower addresses the requirements of investment managers with capabilities for trading, accounting, performance measurement, and reporting. SunGard has developed the solution to help investment firms to achieve internal and external straight-through processing through the integration of the front- and back-office environments and the automation of the pre- and post-trade settlement cycle.

“SunGard has been a consistently reliable provider of portfolio management solutions to our firm for more than 20 years,” said Mel Tukman, president of Tukman Capital Management, Inc.

“With IMpower in place, our firm can continue to focus on providing superior returns and service to our clients,” said Scott Rosen, Tukman’s chief financial officer. Rosen cited other factors critical to the selection of IMpower as the product’s browser-based technology, data access, performance measurement, and trading capabilities.

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