SunGard has acquired Integrated Business Systems, a NY-based provider of software solutions and related services to the hedge fund industry. IBS's flagship offering, Visual Portfolio Manager (VPM), is a portfolio accounting product used by more than 50 hedge fund managers processing in excess of $135 billion in assets. VPM joins Front Arena, Monis, InvestOne Enterprise, and InvesTier in SunGard's stable of buy-side focused offerings.
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails