Mandates and payments roundup, November 1

SunGard opens a new office in Jakarta, while Sumitomo Mitsui Banking Corporation implements a regulatory reporting solution.

SunGard opens new office in Asia

Business software and information technology services provider, SunGard, has opened an office in Jakarta to support its Southeast Asia operations. This follows the opening of a new global solution centre in India earlier this year.

“Our customers in banking, wealth management, insurance and trading are demanding better risk management in response to the evolving regulatory environment,” said Tony Wong, country manager of SunGard’s Indonesia office. “Jakarta is already a hub for the SunGard global network for securities, which connects 2,000 asset managers and over 500 brokers worldwide. With our direct presence in Indonesia, we can offer local...

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