RCM is the first customer to go live with SunGard's Decalog V.6. The migration started in April 2006 and was completed in early July. The following new features in Decalog V.6 were a catalyst for RCM's migration:
Comprehensive credit default swap (CDS) management from order entry to electronic communication of trade details to depositories, for single name basket and CDS indicesIntegration with UnRisk, which runs on the Mathematica platform for single name CDS pricingAdditional UCITS III pre- and post-trade compliance rule verification for CDSEnhanced market connectivity with fixed-income platforms (TradeWeb and MarketAxess)Ability to connect with other staging platforms such as execution management systems and FIX network (TradingScreen) "We have been using SunGard's Decalog for six years. The implementation of Decalog V.6 will help us to achieve best execution and to be ready for the MiFID roll-out," commented Harald Frodl, head of middle-office at Raiffeisen Capital Management. "It also provides us with significant new functionalities that help to achieve greater automation and to meet the latest business requirements."
Thorsten Heissel, president of SunGard's Decalog business unit, added, "This is a key success and a major milestone for both Raiffeisen and SunGard. This success has been made possible by the collaboration of both teams. Industry requirements are constantly evolving and we continually strive to provide asset management firms with the best solutions. Market connectivity and coverage of complex instruments have become major requirements. SunGard's Decalog V.6 will help our customers to meet these new challenges."
About Raiffeisen Capital Management
Raiffeisen Capital Management is Austria's number one asset manager and is made up of Raiffeisen Kapitalanlage-Gesellschaft, Raiffeisen Vermögensverwaltungsbank, Raiffeisen Immobilien KAG and Raiffeisen International Fund Advisory. Raiffeisen Kapitalanlage-Gesellschaft m. b. H. was founded at the end of 1985. Following an absolute record year with volume growth of almost 30 % in 2005, Raiffeisen Kapitalanlage-Gesellschaft manages approx. EUR 37 bn. as of August 2006. Its position as the clear number one in the Austrian fund management market has expanded by 0.7 per cent to 23.0 % year-to-date. Beyond its domestic market, Raiffeisen is a leading Central and Eastern European player in the funds management space; the institutional, public and foreign sectors each provide a third of new volume inflows. Further information can be found at www.rcm.at
About SunGard's Decalog
A front- and middle-office solution for investment management activities at global asset management firms, SunGard's Decalog provides portfolio management, performance analysis, compliance, trading and order management. Visit Decalog at www.sungard.com/decalog
About SunGard
With annual revenues of $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies. Visit SunGard at www.sungard.com.
Source : SUNGARD
Comprehensive credit default swap (CDS) management from order entry to electronic communication of trade details to depositories, for single name basket and CDS indicesIntegration with UnRisk, which runs on the Mathematica platform for single name CDS pricingAdditional UCITS III pre- and post-trade compliance rule verification for CDSEnhanced market connectivity with fixed-income platforms (TradeWeb and MarketAxess)Ability to connect with other staging platforms such as execution management systems and FIX network (TradingScreen) "We have been using SunGard's Decalog for six years. The implementation of Decalog V.6 will help us to achieve best execution and to be ready for the MiFID roll-out," commented Harald Frodl, head of middle-office at Raiffeisen Capital Management. "It also provides us with significant new functionalities that help to achieve greater automation and to meet the latest business requirements."
Thorsten Heissel, president of SunGard's Decalog business unit, added, "This is a key success and a major milestone for both Raiffeisen and SunGard. This success has been made possible by the collaboration of both teams. Industry requirements are constantly evolving and we continually strive to provide asset management firms with the best solutions. Market connectivity and coverage of complex instruments have become major requirements. SunGard's Decalog V.6 will help our customers to meet these new challenges."
About Raiffeisen Capital Management
Raiffeisen Capital Management is Austria's number one asset manager and is made up of Raiffeisen Kapitalanlage-Gesellschaft, Raiffeisen Vermögensverwaltungsbank, Raiffeisen Immobilien KAG and Raiffeisen International Fund Advisory. Raiffeisen Kapitalanlage-Gesellschaft m. b. H. was founded at the end of 1985. Following an absolute record year with volume growth of almost 30 % in 2005, Raiffeisen Kapitalanlage-Gesellschaft manages approx. EUR 37 bn. as of August 2006. Its position as the clear number one in the Austrian fund management market has expanded by 0.7 per cent to 23.0 % year-to-date. Beyond its domestic market, Raiffeisen is a leading Central and Eastern European player in the funds management space; the institutional, public and foreign sectors each provide a third of new volume inflows. Further information can be found at www.rcm.at
About SunGard's Decalog
A front- and middle-office solution for investment management activities at global asset management firms, SunGard's Decalog provides portfolio management, performance analysis, compliance, trading and order management. Visit Decalog at www.sungard.com/decalog
About SunGard
With annual revenues of $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies. Visit SunGard at www.sungard.com.
Source : SUNGARD