Wayne, Pa., September 14, 2010 — DundeeWealth Inc. (“DundeeWealth”) (TSX: DW), a Canadian-owned, independent wealth management company that currently oversees $72.2 billion in fee earning assets, has selected SunGard Availability Services to provide managed services and workforce continuity. The SunGard solution will assist DundeeWealth with information availability, regulatory compliance and security needs with added efficiency.
“We conducted an exhaustive vendor search and selected SunGard Availability Services because it is unique in its ability to deliver a blended solution of colocation and workforce continuity,” said To Anh Tran, senior vice president of Business Transformation and Technology at DundeeWealth. “SunGard crafted a tailored solution for DundeeWealth, specifically designed to boost resiliency and system uptime by leveraging economies of scale and specialized availability expertise. The superior quality of their data centers combined with their proficiency in the domain will help facilitate the continuity of our business processes.”
SunGard provides DundeeWealth with a redundant, secure, highly available IT infrastructure. SunGard will manage with DundeeWealth the migration of its systems, helping to safeguard availability during the transition.
DundeeWealth also has access to dedicated and shared workspace at SunGard’s Toronto-based workforce continuity center should a DundeeWealth facility become unavailable after a systems outage or disaster. SunGard Workforce Continuity services provide an alternative workspace, telecommunications capabilities and IT resources to support DundeeWealth’s workforce so business processes can be quickly resumed following an interruption.
“DundeeWealth has taken a best practices approach to information availability by managing people, data and systems holistically,” said Andrew Bryne, regional vice president, Solution Engineering at SunGard Availability Services. “This strategy will help DundeeWealth maintain the reliability, redundancy and security required to maximize operational efficiency.”
SunGard Colocation Services provide space, power and network capabilities in professionally designed facilities offering reliability and security. The services help organizations to retain ownership and management of dedicated equipment in a secure multi-tenant facility, helping deliver lower costs and higher quality. SunGard’s facilities can serve as a primary production location, or as a secondary data center for backup and recovery or testing and development.
About DundeeWealth Inc.
DundeeWealth is a Canadian owned, independent wealth management company that currently oversees $72.2 billion in fee earning assets. It provides diversified wealth management and investment solutions including alternative and tax-advantaged products, capital markets and advisory services to financial advisors, institutions, corporations and foundations, and innovative wealth management through independent financial advisors across Canada. Its award winning investment brand, Dynamic Funds, managed by Goodman & Company, Investment Counsel Ltd., is also available outside of Canada through distribution platforms in Europe and the United States. DundeeWealth is listed on the Toronto Stock Exchange (TSX: DW).
About SunGard Availability Services
SunGard Availability Services provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software to 10,000 customers in North America and Europe. With five million square feet of datacenter and operations space, SunGard assists IT organizations across virtually all industry and government sectors to prepare for and recover from emergencies by helping them minimize their computer downtime and optimize their uptime. Through direct sales and channel partners, we help organizations ensure their people and customers have uninterrupted access to the information systems they need in order to do business. To learn more, visit www.sungardas.com or call 1-800-468-7483.
About SunGard
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 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 exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, please visit www.sungard.com.
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