SunGard's FRONT ARENA and Monis Share Equity and Convertible Enhancements to Further Cross-asset Trading

Issued by SunGard
Stockholm, 15 Dec 2005

SunGard today announced integration between FRONT ARENA, its cross-asset trading platform (http://www.sungard.com/frontarena), and Monis, its analytics, systems, data and training services for convertible bonds, credit derivatives, equity options, FX options and interest rate derivatives (http://www.sungard.com/monis). As a result of the integration, FRONT ARENA now contains equity-linked and convertible position-keeping and risk functionality. The integration is an example of SunGard's Common Services Architecture (CSA) initiative.

FRONT ARENA customers can take advantage of Monis' built-in analytics and data libraries, the industry standard for valuing convertibles and other financial instruments including access to full terms, conditions and valuation parameters of more than 2,000 convertible bonds. In addition, the latest version of FRONT ARENA offers pricing and valuation of new securities including Contracts For Difference (CFD's) and Variance Swaps as well as mark-to-market-based funding calculations.

"The SunGard CSA is both a process for collaboration between SunGard product development teams and a common technology framework. The FRONT ARENA/Monis initiative is just one example of how SunGard is able to support financial institutions in trading a wider range of asset classes and their derivatives, while helping to streamline the number of systems across the trading organization to help realize operational benefits", said Peter James, regional manager, SunGard's Monis business unit.

"The continual evolution of structured products is placing greater demand on systems to support more complex hybrid derivatives," commented Peter Banham, global head of product and marketing, at SunGard's FRONT ARENA business unit. "The Monis integration helps give FRONT ARENA a competitive edge for advanced equity-linked and convertibles securities trading, within one scalable software framework."

Monis

Monis provides management and analysis, pricing data, and specialized training for derivatives traders. Banks, brokerages, and other institutions rely on Monis to help them understand and trade new derivatives products. Monis provides the tools they need for analysis and modeling, pricing, trading, and portfolio management. Monis supports a range of derivates including convertible bonds, equity options, FX options, and interest rate derivatives, with a special focus on equity-linked and convertible securities. For more information, visit www.sungard.com/monis

FRONT ARENA

A trading solution serving a range of financial institutions, FRONT ARENA provides straight-through processing by integrating sales and distribution functions, trading capabilities, and risk management. Institutional asset managers and brokers, traders, and market makers use FRONT ARENA to trade equities, fixed-income, interest rate derivatives, and credit. FRONT ARENA's components can be configured to meet a variety of trading needs and scaled to support operations ranging from local to global. For more information, visit www.sungard.com/frontarena

SunGard

With annual revenue of $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. 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. Visit SunGard at www.sungard.com.

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SunGard's FRONT ARENA and Monis Share Equity and Convertible Enhancements to Further Cross-asset Trading

SunGard's Common Services Architecture Helps Customers Benefit From Integration