Columbia Pacific Advisors Selects SunGard's Investran to Help Automate Partnership Accounting
October 20, 2011 — New York, NY
Columbia Pacific Advisors (Columbia), a Seattle-based alternative investment advisor, has selected SunGard’s Investran to help automate partnership accounting across its investment portfolios. SunGard’s Investran is an award winning application suite that helps automate front-, middle- and back-office processes for private equity and other illiquid asset class investment firms.
Columbia chose Investran because it needed a solution that could accommodate its business growth without having to add additional staff. Investran will be used for deal management, investor relations, fund and investor accounting and flexible reporting. Its integrated solution suite helps eliminate disparate databases to help increase operational efficiency and achieve improved levels of scalability for growth. Columbia will access Investran through SunGard’s hosted Infinity* Software-as-a-Service (SaaS) delivery model.
“Utilizing SunGard’s Investran on a SaaS delivery model will help us better focus on the business of investment management instead of having to worry about managing reams of spreadsheets and issues related to software hosting such as upgrades, data back-up and disaster recovery,” said Schuyler Havens, managing director at Columbia Pacific Advisors. “Investran also gives us a proven solution with a reputation for reliability.”
“Like many investment firms, Columbia is looking to respond to growth by centralizing its workflows and keeping its staff count level,” said Lauren Iaslovits, chief operating officer for SunGard’s Investran business unit. “Investran will provide Columbia with a fully integrated solution to help improve firm-wide efficiencies, reduce operational risks and streamline operations.”
* SunGard Financial Systems is pursuing a visionary initiative to transform some of the key functionality of its core systems into components creating software-as-a-service (SaaS)-based solutions. Leading this initiative is Infinity, which uses a service-oriented architecture (SOA) development framework, offers a business process management platform (Infinity Process Platform) and a virtualized, on-demand delivery infrastructure.
About Columbia Pacific Advisors
Columbia Pacific Advisors is a premier alternative investment advisory firm located in Seattle, WA. The firm has deep international experience in real estate, public and private equity, distressed debt and special situation lending.
About SunGard Investran
SunGard 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.
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves more than 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, higher 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 $5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, please visit www.sungard.com.
Trademark Information: SunGard, the SunGard logo, Investran and Infinity are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.