Deploys SunGard's ASP Solution for Portfolio Management

SunGard (www.sungard.com) announced that M.D. Sass, a leading multi-discipline investment management firm with approximately $8 billion in assets under management, went live this month on IMpower (www.sungard.com/impower), SunGard's ASP solution for portfolio managers. 

A SunGard customer for more than 20 of its 34 years in business, M.D. Sass has continually leveraged its partnership with SunGard.  This partnership served as an important factor in M.D. Sass' choice of IMpower to support the firm's portfolio management functions.  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.  "SunGard's expertise and dedication to our implementation were critical in allowing us to circumvent traditional deployment challenges.  M.D. Sass is pleased to continue its partnership with SunGard."

"M.D. Sass' selection of IMpower attests to the functional strength of the product and the firm's confidence in the service and support that SunGard will provide," said Doug Morgan, president of SunGard's investment systems business unit.  "SunGard is proud of our long-standing customer relationships and looks forward to extending its support of M.D. Sass well into the future."

About M.D. Sass

Founded in 1972 by Martin Sass, M.D. Sass has been a leading name in investment management for over thirty years. Today M.D. Sass employs a staff of over 90 people and clients include some of the world's largest financial institutions, state and local governments, Fortune 500 and other corporations, endowment funds, foundations, Taft Hartley funds and high net worth individuals.

About IMpower

A multi-faceted processing solution for investment management firms, IMpower provides portfolio management, trading, accounting, performance measurement and reporting. Firms use IMpower's real-time processing features to support investment decision-making. They rely on its global, multifunctional capabilities to process international investments. And they leverage its straight-through processing to integrate front- and back-office functions, help simplify workflow and speed settlement cycles.

About SunGard

With annual revenue 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.