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.  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.”