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DekaBank opts for SunGard system

German bank and asset manager DekaBank has deployed SunGard’s Asset Arena Compliance system, including the Ucits III country specific rules, in a bid to expand structured product and derivative coverage for Germany and Luxembourg.

    • Matt Cameron
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Asset Arena Compliance provides pre-trade and post-trade compliance for asset managers and fund administrators. The system is intended to help achieve successful implementation of both plain vanilla instruments and their associated Ucits III German and Luxembourg rules, as well as complex instruments, OTC derivatives and asset-backed securities, says Arne Ûhleke, head of DekaBank’s FondsCompliance department.

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