Alternative asset management firm Sandell Asset Management has chosen SunGard’s Hedge360 for its portfolio management platform.

Hedge360 will enable Sandell to automate processes and offer a hosted, enterprise-wide solution that fully integrates with its trading, risk and operations.
 
“Reducing our operational costs, strengthening our infrastructure while supporting complex instruments and multiple strategies is on top of our firm’s agenda.  As a highly customised solution, Hedge360 meets all of our requirements to help us increase operational efficiency while offering scalability critical to our future business activities,” says Rick Ecklord, senior managing director, Sandell Asset Management.
 
“Transparency and accountability becoming more critical for both fund managers and investors and a robust technological infrastructure is increasingly integral to day-to-day investment activities. Hedge360’s integrated platform helps achieves operational stability across the full investment lifecycle helping hedge funds to gain the institutional credibility they need to maintain profitability and help achieve ongoing growth,” says Rob MacKay, chief operating officer, SunGard’s Hedge360.