UBS Fund Services Collaborates With SunGard And HazelTree To Provide UBS Frontier Platform; An Enhanced Front And Middle Office Solution
UBS Fund Services, a global fund administrator, today announced that it
has signed agreements with SunGard and HazelTree to offer UBS Frontier
Platform - a leading edge front and middle office solution.
UBS Fund Services, a global fund administrator, today announced that it has signed agreements with SunGard and HazelTree to offer UBS Frontier Platform - a leading edge front and middle office solution. Developed in conjunction with SunGard’s Hedge 360 and HazelTree, UBS Frontier Platform will be offered in the Americas, APAC and Europe to enhance UBS Fund Services’ product suite. This provides extended portfolio management, real-time P&L, desk level risk, treasury cash and collateral management solutions, trade administration, data management, pricing and reporting either as a software solution or as a managed service. Michael Rucci, head of UBS Fund Services, Americas, said, “Working with SunGard and HazelTree will give us the opportunity to offer our clients a solution that automates processes, simplifies workflows and helps mitigate risk allowing fund managers to better focus on their core competencies of generating alpha. We are committed to investing and working with sector leaders to provide solutions that are both innovative and robust.” Notes to EditorsAbout UBS UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in Switzerland. Its business strategy is centered on its pre-eminent global wealth management businesses and its leading universal bank in Switzerland. Together with a client-focused Investment Bank and a strong, well-diversified Global Asset Management business, UBS will expand its premier wealth management franchise and drive further growth across the Group. UBS is present in all major financial centers worldwide. It has offices in more than 50 countries, with about 35% of its employees working in the Americas, 36% in Switzerland, 17% in the rest of Europe, the Middle East and Africa and 12% in Asia Pacific. UBS employs about 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).