SunGard Investment Management Systems, an operating group of SunGard, announced that EFG Private Bank Luxembourg is live with GLOBAL PORTFOLIO II and its Web module. SunGard Investment Management Systems is an international provider of Investment-management-software solutions for the front-, middle- and back-office activities of global asset-management firms.
CheckFree Corporation announced revenues of $124.6 million for the third quarter ended March 31, 2002, compared to $113.1 million for the same quarter of fiscal 2001. Total revenues for the quarter increased 10 percent over the comparative quarter of last year.
Thomson Financial and Advent technologies are trying to level the information and technology playing field for investment managers. Thomson Financial and Advent now offer best-of-breed, customized, bundled solutions to effectively meet the needs of money managers with less than $500 million in assets under management. Thomson Financial will serve Advent customers as the exclusive provider of special editions of Thomson's leading brands, including Vestek, First Call and AutEx.
Also, Advent Software announces that Union Bank of California, N.A. (UBOC) has joined Advent TrustedNetwork. As an account provider, UBOC will contribute account data to the network to help clients and investment advisors better manage multi-custodied assets. Advent TrustedNetwork is a data service that collects account data from a variety of participating financial institutions, enabling financial advisors to deliver consolidated, online account information to their clients, regardless of where those accounts are custodied.
Trace Financial has signed an agreement with APT Computer Systems to enhance the Cloverleaf integration product set with the APT FIX engine. The solution is targeted at brokers and fund managers embarked on first and second-generation developments, using FIX-based connectivity where the need for a superior technology model is required. The Cloverleaf solution delivers complete front-office systems integration of portfolio-management and trading systems.