London (PRWEB) November 20, 2012
Third-party-administrator SL Private Equity Fund Administration Services (SLPE) has selected SunGard’s Investran to help offer a higher level of administration and reporting, including timely and detailed information covering all investments, performance and risk exposure, for its global network of clients. SunGard’s Investran is an award winning solution for private equity and alternative investment firms that helps automate front-, middle- and back-office processes and supports the entire investment lifecycle. SLPE is one of the first third party administrators head-quartered in Europe to offer PE fund administration services leveraging the latest version of Investran.
SunGard’s Investran will help SLPE analyze, manage and disseminate large amounts of qualitative and quantitative data. As an integrated front-to-back solution suite, Investran will facilitate internal collaboration, support investor relations and automate accounting, thereby helping improve overall operational efficiency and accountability. SLPE’s full range of clients will be fully supported by Investran, including GPs such as venture capital funds, real estate and private equity real estate, and LPs such as funds of funds, funds of private equity funds, pension and endowment funds, family offices, and institutional investors. SLPE will access Investran through SunGard’s hosted Software-as-a-Service (SaaS)* delivery model.
“Providing the best quality of services to our own clients is a principle we value above all others. Combined with our expert fund administration teams, we rely on the use of state-of-the-art technology and we chose Investran for its depth and quality of reporting, operational efficiency, reliability as well as its track record of success,” said Negin Bemanzadeh, managing director at SLPE. “In addition, utilizing SunGard’s SaaS delivery model will help us better focus on the business of servicing the complete and complex needs of our clients around the globe.”
Lauren Iaslovits, chief operating officer for SunGard’s Investran business unit said, “SLPE joins a growing number of third-party-administrators looking to improve their fund administration and reporting practices and we look forward to supporting its evolving business by helping improve firm-wide efficiencies, reduce operational risks and streamline operations.”
- SunGard Financial Systems is pursuing a visionary initiative to transform some of the key functionality of its core systems into components creating software-as-a-service (SaaS)-based solutions. Leading this initiative is Infinity, which uses a service-oriented architecture (SOA) development framework, offers a business process management platform (Infinity Process Platform) and a virtualized, on-demand delivery infrastructure.
About SL Private Equity Fund Administration Services Ltd
With a fundamental client-centric focus and philosophy, SL Private Equity Fund Administration Services combine state-of-the-art technology and expert fund administration teams to create best-practice processes and systems, providing full fund administration services across the PE universe and ensuring that clients’ funds comply with the appropriate regulatory, financial and tax reporting requirements. SL PE help private equity funds, family offices and pension funds achieve a much higher level of reporting functionality, including timely and granular information covering all investments, performance and risk exposure at the utmost level of transparency; furthermore, SL PE constantly monitor industry issues and keep managers and institutional investors informed about changing guidelines to help minimize operational and reputational risk.
About SunGard’s Investran
SunGard’s Investran is an integrated application suite that automates front-, middle- and back-office processes for private equity and alternative investment firms. Investran helps improve business efficiencies to facilitate collaboration, support deal flow and automate accounting. Firms rely on Investran’s integrated capabilities to help meet their needs in the entire investment life-cycle, including relationship management, reporting, monitoring, accounting, fund raising and deal pipeline management. For more information on Investran and SunGard’s portfolio of alternative investment solutions, visit http://www.sungard.com/investran/learnmore.
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $4.5 billion, SunGard is the largest privately held software and services company and is ranked 480 on the Fortune 500. For more information, please visit http://www.sungard.com.
Trademark Information: SunGard, the SunGard logo and Investran are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
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