Security Properties Selects SunGard's Investran for Multifamily Real Estate Accounting and Investor Reporting
March 15, 2012 — New York, NY
Security Properties, a Seattle based Multifamily Real Estate investment firm, has selected SunGard’s Investran to help automate accounting processes and investor reporting. SunGard’s Investran is an award winning application suite that helps automate and support the entire investment lifecycle, from fundraising to portfolio monitoring and reporting. Security Properties has deployed Investran via its Software-as-a-Service* (SaaS) delivery model.
Investran’s integrated platform will provide Security Properties with automated accounting processes to help reduce workload and improve accuracy. Investran will be used to store property level, performance and income information. Security Properties will utilize Investran’s reporting capabilities to run exposure reports by real estate investment and various user-defined investment classifications.
Security Properties also selected Investran Data Exchange, a Web-based multi-directional portal that provides document management, reporting and workflow solutions, to help create greater efficiencies in their investor reporting process. Investran Data Exchange will provide Security Properties with a self-service portal to post performance reports and quarterly financials in a secure setting for investors to access on-demand.
Tim Overland, chief operating officer of Security Properties, said, “We selected the Investran suite for its reliability and ability to help meet investor demands. Investran will help improve accuracy and security while providing the capacity needed to grow our business.”
Lauren Iaslovits, chief operating officer for SunGard’s Investran business unit, said, “Security Properties joins Investran’s growing customer base of private equity and alternative investment firms that are looking to streamline operations, automate processes and meet transparency requirements.”
* SunGard Financial Systems is transforming the way its software solutions are created and delivered to its customers. With the introduction of a new visionary, integrated technology blueprint, new delivery models are created and additional functionality embedded. Underlying technologies include a service-oriented architecture (SOA) development framework, a business process management platform (Infinity Process Platform) and a delivery platform to enable Software-as-a-Service (SaaS) based solutions.
About Security Properties
Seattle-based Security Properties is a national real estate investment and operating company with more than 40 years of expertise in affordable and market-rate multifamily rental housing. The company's broad range of capabilities includes acquisitions, development, financing, asset and property management, dispositions and advisory services. As one of the largest owners of multifamily real estate in the country, Security Properties has acquired or developed more than 64,000 market-rate and affordable housing units in more than 40 states. For more information, visit www.securityproperties.com.
About SunGard’s Investran
SunGard’s 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 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, 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 $4.5 billion, SunGard is the largest privately held software and services company and was ranked 434 on the Fortune 500 in 2011. Look for us wherever the mission is critical. For more information, please visit www.sungard.com.
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