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SunGard reports that Sandell Asset Management, a U.S.-based alternative asset management firm, has picked its Hedge360 as a portfolio management platform.
Hedge360 will enable Sandell to increase operational efficiency through automating processes, SunGard says, noting that it will “also offer a hosted, enterprise-wide solution that fully integrates with its trading, risk and operations.”
The Hedge360 integrated platform targets “operational stability across the full investment lifecycle” for hedge funds trying to maintain profitability and grow, Rob MacKay, chief operating officer, SunGard’s Hedge360, says in the company’s statement.
“As a highly customized solution, Hedge360 meets all of our requirements to help us increase operational efficiency while offering scalability critical to our future business activities,” Rick Ecklord, Sandell senior managing director, also says in the statement.
Need a Reprint?- Read More:
- Sandell Asset Management,
- SunGard
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