ARCA SGR SpA implements SunGard's Asset Arena Trader Version 6.0

Issued by SunGard
Paris, 06 May 2008

SunGard (http://www.sungard.com) today announced that ARCA SGR SpA (ARCA) (http://www.arcaonline.it) has implemented SunGard's Asset Arena Trader Version 6.0 solution to help expand and further automate its trading operations.

With total assets of EUR24 billion, ARCA is one of Italy's leading asset managers. SunGard's Asset Arena Trader (http://www.sungard.com/assetarena) is a global electronic trading and order management solution for asset managers.

To grow its business in an increasingly competitive environment, ARCA needed to enhance the scalability and operational efficiency of its trading platform for fixed-income securities.

Key objectives included automating order management workflow and opening market connectivity to inter-dealer trading platforms. Asset Arena Trader 6.0 will help ARCA connect to trading platforms and access deep pools of liquidity in fixed income markets.

"We have been using SunGard's Asset Arena since 2002, due to its functional coverage and ability to meet our business needs," commented Andrea Marchesi, head of ARCA's organisation department.

"Asset Arena Trader Version 6.0 was implemented over a four-month period with the help of SunGard's Asset Arena professional services team. It has helped us to realise the benefits of enhanced market connectivity to achieve best execution, as well as full automation of trade placement and execution. Thanks to the FIX protocol, which ARCA has been using successfully for equity trades since 2002, Asset Arena Trader has helped ARCA to manage more than 65% of its equity and fixed income trades. With the implementation of Version 6.0, our objective is to increase this percentage up to 80% by the end of 2008."

Eyal Yaron, managing director of SunGard's Asset Arena Trader, Manager and Compliance solutions, commented: "We value our relationship with ARCA and have worked closely with them to deliver technology enhancements that will support their growth objectives. Asset Arena Trader 6.0 will help ARCA meet more complex trade operation requirements in the fixed-income markets, while also helping expand its trade processing volumes and achieve best execution."

ARCA

Incorporated in October 1983 by 12 cooperative banks, Arca Sgr is today one of the leading independent asset management companies operating in Italy. With roughly EUR 24 billion of retail and institutional assets under management and a market share of approximately 3.0 percent, Arca Sgr ranks among the leading asset management companies in Italy. In the pension and insurance segment, Arca Sgr manages total assets worth more than EUR1 billion. Arca Sgr is the second largest manager of open pension funds in Italy, with roughly EUR700 million under management for the account of more than 107 000 fund participants. The company secured the prestigious AM2 rating from Fitch Ratings, one of the leading international entities dedicated to evaluating the organisational aspects of asset managers. For further information, please visit www.arcaonline.it.

Asset Arena

Asset Arena is SunGard's global suite of solutions for front-to-back-office investment support, serving asset managers, third-party administrators, insurers and pension fund managers. Available as an integrated solution set or as individual offerings, Asset Arena covers the entire investment management lifecycle, including trading, compliance, investment accounting, portfolio management and performance measurement and attribution.

SunGard

With annual revenue of $5 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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