Bank of Bermuda Stays Ahead With Independent Transparent Valuations
- Tags:
- Bank,
- Valuation,
- SunGard Data Systems Inc.,
- Red Hat Global File System,
- Investment,
- Human Resources,
- Financial Services,
- Finance,
- Bank Of Bermuda,
- Workforce Management
- Source:
- SunGard
Vendor Registration: required
Overview: Bank of Bermuda has a presence in 17 financial centres worldwide. Its Global Fund Services business (GFS) is a leader in customised fund administration and other related services for traditional and alternative fund managers. It serves almost 1,000 clients with well over $100 billion assets under administration - a figure that has doubled in the past five years. GFS went live with SunGard's Reech FastVal in October, to provide independent valuation of OTC derivative trades for use in the NAV calculation it performs on behalf of its clients.
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