Smart Grid

TMCNet:  Patria Investimentos Selects SunGard's Investran for Portfolio & Partnership Accounting

[March 29, 2012]

Patria Investimentos Selects SunGard's Investran for Portfolio & Partnership Accounting

(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 29 March 2012 Release date- 28032012 - Sao Paulo, Brazil -Patria Investimentos, one of Brazil's largest alternative investment management and corporate advisory firms, has selected SunGard's Investran for portfolio and partnership accounting.
Story continues below ↓

Investran will help the firm improve efficiencies, reduce operational risk and increase reporting capabilities.

SunGard's Investran will provide Patria with enhanced information and reporting to its managers and investors, as well as a flexible and scalable infrastructure platform that will help Patria adjust to a global customer footprint, increasing product complexity and new fund structures. With investments in private equity, infrastructure and real estate, Patria has one of the most diversified portfolios of alternative investments in Brazil, and also provides a vast range of services in financial and corporate advisory.

Marcelo Nogueira, chief financial officer of Patria Investimentos, said, 'SunGard's Investran will help us streamline our operations through the elimination of manual and redundant processing, which will also help us create a more controlled environment. We believe that we can rely on the strength of SunGard's reputation and solutions to help us address investor demands for transparency and robust reporting, as well as meet our high standards for risk mitigation.' Lauren Iaslovits, chief operating officer of SunGard Investran, said, 'Rapid growth in Brazil combined with increased regulations and greater investor demand for transparency have been pressuring financial services firms to improve efficiency and reduce risk through technology automation. Patria Investimentos, an important player in Brazil's economic expansion, will capitalize on these changes by working with SunGard to help improve its operational environment and provide more transparency and better services to its investor clients.' About Patria Investimentos Patria Investimentos has been active for the last 24 years and is one of the largest Brazilian alternative investment management and corporate advisory firms in Brazil. It is a pioneer in the private equity industry in this country, having gradually expanded its portfolio with the development of new business like infrastructure, real estate and capital management Currently, the Company manages over US$ 6 billion in assets under management. It is a local partner of Blackstone, the global leader in alternative investment management and corporate consulting. Additional information available at: www.patriainvestimentos.com.br About SunGard's Investran SunGard's Investran is an integrated application suite that automates front-, middle- and back-office processes for private equity and alternative investment firms. Investran helps improve business efficiencies to facilitate collaboration, support deal flow and automate accounting. Firms rely on Investran's integrated capabilities to help meet their needs in the entire investment life-cycle, including relationship management, reporting, monitoring, accounting, fund raising and deal pipeline management. For more information on Investran and SunGard's portfolio of alternative investment solutions, visit www.sungard.com/investran/learnmore.

About SunGard SunGard is one of the world's leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $4.5 billion, SunGard is the largest privately held software and services company and was ranked 434 on the Fortune 500 in 2011. Look for us wherever the mission is critical. For more information, please visit www.sungard.com.

Trademark Information: SunGard, the SunGard logo and Investran are trademarks or registered trademarks of SunGard or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

[Editorial queries for this story should be sent to newswire@enpublishing.co.uk] ((Comments on this story may be sent to info@enpublishing.co.uk)) (c) 2012 Electronic News Publishing -

[ Back To Smart Grid Home's Homepage ]




blog comments powered by Disqus