SunGard Updates Asset Arena Investment Accounting

Cloud-based or locally installed solution includes enhanced tax reporting features.

SunGard has released a new version of its Asset Arena investment accounting solution for investment operations processing within the asset servicing market.

The system is available as a cloud-based solution or installed, and includes the integration of Asset Arena pricing services and enhanced tax-reporting features.

"Asset managers choose SunGard for its high level of service and the incremental return on investment it helps them gain through a single vendor relationship for their investment accounting needs," says Doug Morgan, president of SunGard's institutional asset management business unit. "The new Asset Arena release will help increase efficiencies around the valuation production and tax reporting processes, and help our customers grow their businesses with increased efficiency, control, and regulatory readiness."


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