Investment Management Newsflashes: M.D. Sass Live on SunGard’s IM Power, and more
M.D. Sass Live on SunGard's IMpower
M.D. Sass , a leading multi-discipline investment management firm with approximately $8 billion in assets under management, went live this month on IMpower, SunGard's ASP solution for portfolio managers. M.D. Sass employs a wide array of IMpower functionality including: investment accounting, portfolio reporting, trade order management and allocation, compliance, and performance measurement calculation and reporting.
"IMpower provides the power and flexibility to meet our firm's unique accounting and reporting needs, helping us to deliver superior service and investment products," said Martin D. Sass, chief executive officer of M.D. Sass, in a release. "SunGard's expertise and dedication to our implementation were critical in allowing us to circumvent traditional deployment challenges."
IMpower functionality supports portfolio management, trading, accounting, performance measurement and reporting. IMpower's real-time processing features support investment decision-making while its global, multifunctional capabilities process international investments. Straight-through processing integrates front- and back-office functions and simplifies workflow and speed settlement cycles.
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