The expanded SunGard Global Network (SGN) Funds solution helps with automating trade processing and accessing platforms such as National Securities Clearing Corporation’s (NSCC’s) processing platform, Fund/SERV. The platform enables fund companies to obtain trades, create confirms, receive trade data and manage clearing and settlement.
“By connecting to NSCC’s Fund/SERV platform, SGN Funds will help provide quick access to a full range of services, eliminate proprietary technology development and offer one of the fastest go-to-market solutions available for fund companies,” said Bob Ward, chief operating officer of adviser and transaction services for SunGard’s wealth management business.
SGN provides an ASP front-end and standard record layouts and supports custom file formats.
« 529 Plan Assets Increase in Q1 2012