- managing director, North American products
- institutional asset management
Karen Doolan is managing director of North American products in SunGard’s institutional asset management business. She has been actively involved in all aspects of investment accounting and performance measurement and analysis during her 30-year career at SunGard. In her current role, she oversees customer services, ASP services, product management and development organizations for the investment accounting and portfolio management products in SunGard’s Asset Arena solution suite.
Karen Doolan is an expert in enterprise systems for investment accounting, portfolio management and performance measurement and attribution. Ms. Doolan is currently overseeing the migration of Asset Arena’s portfolio management and performance measurement solutions. This migration will help increase operational efficiencies, reduce operational risk and automate traditionally manual processes such as reconciliation, exception management and workflow. She plays a key role in guiding the strategy of SunGard’s Asset Arena solutions.
Investment firms are always looking to increase efficiency – from day-to-day operations and workflows to measuring previous and ongoing performance. By automating manual tasks, firms are able to dedicate valuable resources to higher value tasks. Additionally, by migrating business-critical systems to an ASP model, firms are able to offload hardware and system maintenance costs and streamline operations. As assets under management continue to grow and new regulatory requirements are added, gaining efficiencies and reducing errors in standard operations and critical systems are major factors to maintaining a competitive edge. Compelled by the trends of the financial services industry, there are a number of questions any investment firm must ask: What new feature sets will help us grow assets under management while reducing costs? What does the consolidation of financial technology vendors mean to me? How can these feature sets and vendors help to address the intermingling of traditional and alternative asset management strategies?