SunGard today announced the first release of a major development program focused on INVEST ONE, one of the industry's leading investment accounting solutions.
Launched in December 2003, this multi-year development program marks a major evolution of INVEST ONE. The development program is intended to help deliver an array of customer benefits including accelerated time-to-market for new product features, enhanced data access and dissemination, improved workflow, and new reporting capabilities.
Reflecting the benefits and scalability of the new platform, SunGard has renamed the product InvestOne Enterprise. Available in July, the first release includes:
* An intuitive user interface comprised of specialised screens that can be customised to help improve workflow efficiency and lower staff training costs.
* A flexible desktop environment enabling role-based configuration of functionality and reporting.
* A new Web-based portal designed to give the fund accountant access to tools required to support the fund accounting process - whether that functionality is housed in InvestOne or in other applications.
* Support for Web-based functions like search, help and favourites that help simplify navigation for users.
* A meta data-driven architecture that helps users to customise the application around their particular needs.
"We are transforming the core business rules engine of the INVEST ONE product into a configurable solution based on an extensible and scalable service-oriented architecture," said Doug Morgan, president of SunGard's InvestOne business unit. "Our overriding aim is to deliver increased value to our customers principally in the form of greater operating efficiencies."
"In conjunction with several of our key customers, we have developed a multi-year technology roadmap for the migration to a world-class, service-oriented, Java 2 Enterprise Edition (J2EE) architecture. This initial release of that development program represents a significant milestone in the delivery of this technology and sets the stage for further innovations with every upcoming release of the product," said John MacIlwaine, chief technology officer of SunGard's InvestOne business unit.
Share
SunGard's InvestOne Enterprise is one of the industry's most trusted investment accounting solutions. Processing more than $9 trillion in assets, InvestOne Enterprise helps meet the needs of a range of financial institutions, including many of the world's largest banks and mutual fund companies. A real-time, multi-currency system supporting straight-through processing, InvestOne Enterprise helps organisations account for virtually any kind of security held in nearly any kind of fund-from pension funds, mutual funds, hedge funds, to bank commingled funds, offshore trusts and more specialised funds. Eight of the 14 leading TPAs in the US, five of the 11 leading TPAs in Ireland, and two of the six leading TPAs in the UK use InvestOne Enterprise as their principal investment accounting platform.
SunGard
SunGard is a global leader in integrated software and processing solutions, primarily for financial services and higher education. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25 000 customers in more than 50 countries, including the world's 50 largest financial services companies. SunGard (NYSE:SDS) is a member of the S&P 500 and has annual revenue of $3 billion. Visit SunGard at www.sungard.com.
Editorial contacts