Forbes – SunGard (http://www.sungard.com) today announced that The Banker, a leading global financial intelligence magazine has selected FRONT ARENA, (www.sungard.com/frontarena) as winner of ‘Buy-side Project of the Year’ for its successful on-time, on-budget implementation at hedge fund, Peloton Partners LLP. FRONT ARENA, SunGard’s cross-asset trading solution was also highly commended in the ‘Application of the Year’ category.
The Banker Technology Awards are designed to provide financial institutions and their clients across the world with an objective analysis of the technical expertise that exists within key business areas. The awards highlight those solutions and projects that have made a real difference over the past 12 months. Peloton Partners’ choice of FRONT ARENA resulted in an exceptionally quick go-live period of 62 days.
SunGard’s partnership with London-based Peloton Partners is an example of how a vendor can meet and exceed the most demanding of mandates. Hedge funds need easier reporting and interfacing as they cope with growth and institutionalisation. As they develop more sophisticated strategies, they need technology that can implement the strategies quickly, deliver them efficiently to clients and deliver them at the necessary scale for commercial success.
