SunGard, a financial solutions provider, has announced that SEB Investmentservice has adopted its Asset Arena investor account management solution. The company’s suite includes front-to back-office solutions that support the complete lifecycle of investment processes and operations.
The usage of Asset Arena will benefit SEB ISG in reducing total cost of ownership while offering customers a range of services. The solution is delivered via an ASP-framework, maintained by SunGard’s data processing center in Frankfurt.
Stephan Beckmann, CEO at SEB ISG, said: Asset Arena’s range of services impressed us from the start. As we have to provide comprehensive management of investor accounts and transactions, as well as the ability to process savings plans and new fund products in a short time and at a high level of security, SunGard Asset Arena was the solution of choice. We were very impressed with the SunGard project team, who delivered a seamless transition of all our clients’ assets accounts, under a running system, with no downtime. We therefore feel confident that we have made the right decision in choosing SunGard as our solution partner.