SunGard To Make Their Fund Transfer Record Keeping System Server-Based

SunGard is to move InvestarONE, SunGard's real time, 24 7, fund transfer agency record keeping system, to a server based application. The initiative, scheduled to be completed in 2007, will shift InvestarONE's existing database structure to Oracle Database 10g. The

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SunGard is to move InvestarONE, SunGard’s real-time, 24/7, fund transfer agency record keeping system, to a server-based application.

The initiative, scheduled to be completed in 2007, will shift InvestarONE’s existing database structure to Oracle Database 10g. The platform and database change will help improve the speed, security and versatility of InvestarONE’s platform while helping to significantly reduce operational costs.

Moving to a server-based architecture will help InvestarONE become a more portable solution allowing for greater use of the system’s processing capabilities, including multi-currency trading and payment functionality. This initiative will help InvestarONE customers benefit from a relational database structure that will provide enhanced data access options and a streamlined development environment.

“SunGard is responding to industry demands for a more flexible and efficient technology solution to help reduce costs and improve operational efficiency while maintaining large scale processing capabilities,” says Ken Kempf, president of the InvestarONE business unit at SunGard. “Our technology initiatives combined with the rich functional capabilities of InvestarONE are well suited to meet the needs of today’s mutual fund industry.”

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