Overview

Established in 1973, the Permal Group has one of the longest and most successful track records in the alternatives industry. The firm offers a wide range of multimanager and multi-strategy funds, including absolute and directional strategies. Today, it has global reach with offices in nine international financial centres, over 200 employees, and extensive networks of experienced managers and relationships around the globe.

For more than six years, the company has used Sungard Availability Services to ensure its critical systems run uninterrupted 24 hours a day, seven days a week; for this it contracts Sungard AS’s Managed Services. Additionally, it has a disaster recovery provision to prevent catastrophic data loss and provide an alternative workplace.

Steve Conway, Director of IT Infrastructure, recalls, “We were drawn to Sungard’s infrastructure, scale and experience. And with nine offices around the globe, from New York to Tokyo, it is imperative that we have technology contingency plans in place should an office become non-operational for whatever reason. It is therefore reassuring that our production servers are hosted offsite in one of Sungard’s data centres, ensuring uninterrupted operations.” Blended solution the logical progression.

Challenge

Solution

Benefit

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