The Frankfurt-based firm, with roughly €190 billion under management, had been using SunGard's Asset Arena product for portfolio management and trading, formerly known as Decalog, for the past six years. When DekaBank first signed a contract with SunGard in 2001, it included the provision of a compliance product which was still in development.
Last year SunGard deployed the product for plain vanilla instruments - accounting for roughly 60% of DekaBank's funds. In March this year, in line with
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails