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...Sungard went bankrupt for a second time in April 2022 — just four months after Digital Core REIT’s IPO....
...Redcentric admitted that comparing the numbers is “very difficult” though, given that last year’s figures don’t include full contributions from the Sungard and 4D Data Centre acquisitions....
...“They’ve had some very large outages,” said Servaas Verbiest from Sungard Availability Services, a company that provides “disaster recovery” for multiple cloud platforms....
...According to Sandra Bell, head of resilience consulting in Europe, the Middle East and Africa at Sungard AS, which provides IT recovery services, businesses fall into two categories....
...In the decade after the German-born investor joined Silver Lake in 1999 at the height of the dotcom boom, the firm backed washed-up companies other investors were reluctant to touch, including SunGard, a...
...After trying and failing, aged 22, to set up her own software company, she worked at Sungard, the financial software company, where she became chief technology officer....
...Founded in 2009, Thesys Technologies, a trading technology provider, beat out the Financial Industry Regulatory Authority and SunGard Data Systems. to build the Consolidated Audit Trail....
...Guldimann later worked at Sungard and has now retired to a vineyard in Saratoga, California, called Chateau Hetsakais. Here he is with some of his grapes....
...It beat out the Financial Industry Regulatory Authority and SunGard Data Systems to build the project. A spokeperson for the CAT project wasn’t immediately available to comment....
...After leaving Morgan Stanley, Mr Conlon joined SunGard, the securities software developer, before establishing First Derivatives....
...Among the cost-sharing utilities launched by banks so far are a post-trade and regulatory reporting platform pioneered by Barclays and SunGard in 2015, and a digital currency project launched by UBS and...
...After Kiodex was sold to SunGard, in 2004, he returned to Goldman to run the strats division of the investment bank, and was made a partner a year later....
...Three bidders, the Financial Industry Regulatory Authority, SunGard Data Systems and Thesys Technologies are in the running....
...When the platform was launched in March 2015 with Barclays as its maiden client, SunGard said it hoped to have 100 bank and broker clients and was already in talks with a “large number” of potentials....
...SunGard’s challenges go beyond its high leverage and rapacious owners. The financial crisis hit just a few years after the SunGard buyout, and SunGard’s main clients are large financial institutions....
...SunGard and Freescale, both sold on this year, have also left private equity investors well short of a decent return....
...Big data specialists, such as Google and SunGard, have tendered proposals to operate the system....
...FIS buys SunGard for $9.1bn to undo ‘club’ deal When seven private-equity companies clubbed together to spend $11.4bn on SunGard, the software group, in March 2005, it was an early marker of what became...
...SunGard was that perfect scenario — it broke us into the asset management space and extended our wealth capabilities.”...
...Last week, BNY Mellon extracted a public apology from SunGard....
...“The SunGard system became available, in a limited capacity, late in the day on Tuesday,” it said. “We are working with SunGard to resume normal processing as soon as possible.”...
...This article has been amended since original publication to reflect the fact that SunGard was acquired by FIS...
...Strain on financial services companies, the dominant source of revenue at junk-rated SunGard, cut into the company’s business in recent years....
...Mr Conde was the former chief executive of SunGard, a US trading technology company, while Mr Church was the former chief executive for the Americas and global head of securities at Swift, the global payments...
...The glitch prompted emergency meetings at a number of groups, with Bank of New York Mellon pinning its problems on a SunGard Data Systems issue....
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