NEW YORK, March 5 /PRNewswire/ -- SunGard (http://www.sungard.com)today announced that it has acquired Advanced Portfolio Technologies, Inc.(APT), a leading global provider of risk management systems and portfoliooptimization software for asset managers, hedge funds, pension funds,broker/dealers and proprietary traders. The acquisition, the terms of whichwere not disclosed, is not expected to have a material impact on SunGard'sfinancial results. Founded in 1985, APT provides multi-factor risk models, portfolioanalysis and optimization tools, and risk-management software. Its keyofferings include its flagship multi-asset global risk model, software forexploratory portfolio analysis, scenario analysis and portfoliooptimization, and scalable batch reporting via APT's full-service,Web-based risk reporting system. APT's risk model subscription serviceincludes risk profiles for over 275,000 equities, bonds and currencies plusmutual, hedge and REIT funds, commodities and other securities across theworld. Derivatives can be included with APT's factor-based Monte Carlosimulation. APT will become part of SunGard's alternative investments business. Itsanalysis models and tools will complement SunGard's existing solutions foralternative investments such as Front Arena, Visual Portfolio Manager(VPM), Monis and Reech, as well as SunGard's other solutions forinstitutional asset management. The ease with which the APT offerings canbe integrated with SunGard's solutions will increase the strategic valuethat SunGard's alternative investments business offers to existing and newcustomers. Jamie Ridyard, chief operating officer at APT, will continue tomanage the business that he has led for over ten years. Emanuel Mond, president of SunGard's alternative investments business,commented: "Our customers are being challenged to address the evolvingneeds of a shifting, more diverse client base. Risk solutions that applyconsistently to all asset classes and across many workflows, from portfolioconstruction through to risk reporting and compliance, are critical tomeeting this challenge. Products like those offered by APT that comepreloaded with data, available on many platforms and with short deploymenttimes, are especially attractive to customers. The acquisition of APT helpsenhance our alternative investments business, offering our customers one ofthe widest choices of core functionality in the industry." Note for Editors: Webinar, March 19, 2008To learn more about APT, joinSunGard on March 19 for the Webinar: "An introduction to APT," featuringJamie Ridyard, chief operating officer and Andrew Robinson, head ofresearch. (Go to http://www.sungard.com/alternatives/aptwebinar to register forthe event). About Advanced Portfolio Technologies Advanced Portfolio Technologies (APT) develops and distributes marketrisk models, software tools and applications and related professionalservices. APT's customers include institutional and retail asset managers,pension funds, private wealth managers, hedge funds, broker/dealers, primebrokers and proprietary traders. About SunGard's Solutions for Alternative Investments SunGard offers solutions specifically designed for firms specializingin alternative investments. These solutions support multiple asset classesand their derivatives, including equities, FX, interest rates, credit,commodities, and convertibles. Solutions include strategy-specificapplications for convertible and capital structure arbitrage, global repo,stock finance and listed options trading. SunGard's enterprise-wide,straight- through processing solutions meet the trading, risk management,and investor and portfolio accounting requirements of single- andmulti-strategy institutions. About SunGard With annual revenue of $5 billion, SunGard is a global leader insoftware and processing solutions for financial services, higher educationand the public sector. SunGard also helps information-dependent enterprisesof all types to ensure the continuity of their business. SunGard servesmore than 25,000 customers in more than 50 countries, including the world's50 largest financial services companies. Visit SunGard at http://www.sungard.com. Trademark Information: SunGard, the SunGard logo, Front Arena, Monis,Reech and VPM are trademarks or registered trademarks of SunGard DataSystems Inc. or its subsidiaries in the U.S. and other countries. All othertrade names are trademarks or registered trademarks of their respectiveholders.
For further information, please contact: Toby West, Division PR & Communications Manager SunGard Financial Systems Tel: +44 (0) 20 8082 2426 Email: toby.west@sungard.com
