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Technology news

PEAK6 picks SunGard for value


30 May 2013 Chicago
Reporter: Georgina Lavers

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Image: Shutterstock
PEAK6 Advisors, a Chicago-based asset manager specialising in alternative investments, has gone live with SunGard’s Front Arena and Monis solutions. The solutions aim to help PEAK6 better service its clients by providing customised portfolio and risk management, valuations and trade processing.

“We wanted to ensure we are conducting ongoing due diligence by offering our investors a well-defined investment management system that can handle our assets under management in an efficient way," said Scott Kramer, chief technology officer of PEAK6.

SunGard’s Front Arena and Monis help mitigate our internal risk and automate our validation processes, giving our investors piece of mind.”

The implementation was completed in less than four months and PEAK6’s requirements were met in terms of open architecture and highly configurable functionalities.
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