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SunGard says it’s the first time its products have been used to underpin a fund administration service.
Service provider Virtus Partners recently launched a hedge fund administration service that uses SunGard’s VPM and Hedge360 solutions, a development Vsays is the result of opportunities created by a shake-up in the fund administration space. Virtus Partners provides fixed-income collateral administrative services and data on structured and non-structured transactions for a variety of investment vehicles,...
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