BOSTON- February 14, 2001 - SunGard Investment Management Systems today
announced that Intesa Asset Management, headquartered in Milan, Italy, is in
production with Decalog for its mutual funds department. SunGard Investment
Management Systems is a leading international provider of investment
management software solutions for the front-, middle- and back-office
activities of global asset management firms.
Intesa Asset Management is the largest asset manager in Italy and one of the
five largest asset managers in the European Monetary Union. It has $120
billion in assets under management.
In July 2000, Intesa Asset Management licensed Decalog Manager, Decalog
Trader and Decalog Compliance. Nine Luxembourg mutual funds have been live
since November, and thirteen new mutual funds are under activation. Fund
managers and Intesa's newly created middle-office department are using
Decalog Manager, Decalog Trader and Decalog Compliance for real-time
position keeping, order workflow, analysis tools, pre-trade compliance and
master referential. The implementation is scheduled to be completed by
mid-year 2001 with all Luxembourg funds, mutual funds, pension funds and
fund of funds in production on Decalog.
Mrs. Liliana La Grassa, deputy manager in charge of both Information
Technology and Organization, comments, "The major benefits of the system are
the introduction of real-time position keeping and straight-through
processing for flow of orders with the reduction of the chain between
front-office generation of orders and settlement and accounting."
"We are very proud of supporting Intesa Asset Management. This successful
implementation is a key milestone that reflects our commitment to serve the
large investment managers looking for an innovative global solution to
support their growth," says Christian Cure, vice president European sales,