By using Investran Patria will enhance efficiency, reduce operational risk and increase reporting capabilities.
SunGard said its solution will provide Patria with enhanced information and reporting to its managers and investors, as well as an infrastructure platform that will help the firm adjust to a global customer footprint, increasing product complexity and new fund structures.
Patria CFO Marcelo Nogueira said that SunGard’s Investran will help the firm streamline its operations through the elimination of manual and redundant processing, which will also helps it 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," Nogueira said.
