South African asset manager renews with SunGard

The firm, a subsidiary of derivatives research and trading company Cadiz Holdings, has become one of the top ten fund managers in South Africa since it acquired Prodigy Asset Management in 2003 and African Harvest Fund Managers in November, 2006.

"Prior to acquiring Prodigy, we were basically running the asset management business on spreadsheets," explains CAHAM's chief operating officer Phil Sturgess. "After the 2003 acquisition we had 12 weeks to sort out proper systems and that's when we s

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