Waddell & Reed takes v5 of SunGard’s Decalog OMS


NEW YORK -- Waddell & Reed, one of the oldest US-based investment fund managers, with more than $30 billion in assets under management, plans to upgrade to Decalog version 5.0, the most recent incarnation of SunGard’s Decalog trade order management system (OMS).

Originally designed more for European investment managers, version 5.0 has been redesigned to more effectively target the US buy-side market, currently dominated by Macgregor and Charles River Development. According to Juerg Hunziker,

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