BlueBay Asset Management Live on SunGard
BlueBay Asset Management, a London-based specialist manager of fixed income credit, has converted its 19 traditional and alternative investment funds to InvestOne Enterprise SunGard's investment accounting solution for institutional and alternative asset managers and third party administrators.
Managing in excess of $6 billion for institutions and high-net-worth individuals, BlueBay is utilizing InvestOne Enterprise as the core accounting solution for its investments in emerging markets, high yield and investment grade credit. Multiple interfaces link InvestOne Enterprise seamlessly to other BlueBay systems, including trade order management, internal valuation, loan investment and risk management systems, for efficient data access and straight-through processing. InvestOne processes more than $10 trillion in assets across over 42,000 funds and supports usage by virtually any type of portfolio, including mutual funds, hedge funds, funds of funds, unit trusts and institutional funds.
"In our search for an accounting and reporting solution, InvestOne Enterprise quickly emerged not only as offering comprehensive functionality, but as best able to help us achieve our firm goals of performance, operational strength, and high quality client service," said Simon Lumsdon, head of information technology for BlueBay Asset Management, in a release.