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SunGard Acquires Mindwell
Stockholm, October 7, 2010

SunGard today announced that it has acquired Swedish financial technology consulting services firm Mindwell.
The acquisition will strengthen SunGard’s capital markets expertise in Sweden, Switzerland and the Netherlands. The acquisition, the terms of which were not disclosed, is not expected to have a material impact on SunGard’s financial results. Mindwell’s strong domain knowledge of capital markets and familiarity with SunGard’s Front Arena and other trading and risk management solutions will help SunGard offer a broader range of capital markets financial technology and business consulting services. Per Olsson Ravn, chief executive officer of Mindwell, said, “As part of SunGard, we will be better positioned to deliver innovation and best practices to the global capital markets community. Together we will continue to develop our business consulting and systems integration and implementation capabilities.” Juerg Hunziker, president of SunGard’s Adaptiv and Front Arena business unit, said, “Mindwell has a strong reputation for combining specialist systems expertise with capital markets domain knowledge. It has provided tangible benefits to capital markets organizations globally. The acquisition of Mindwell represents a milestone in our commitment to expanding the range of specialized skills and services we offer our customers around the world.”
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FRONT ARENA 4 Upgrade Services
Stockholm, October 5, 2008
Mindwell provides specialist skills and additional hands-on capacity for Sungard customers in the process of upgrading to FRONT ARENA 4.
The FRONT ARENA 4 release is a major functional and technological step in the evolution of the FRONT ARENA system. We help users migrate data and work processes to new applications in the new release and take advantage of the enhanced architecture for increased performance and scalability.
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Open position - Financial Developer/Business Analyst in Zurich
Zurich, August 13, 2008
Open position for a Senior Consultant  to immediately join our Zurich team.
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Vattenfall Treasury extends engagement with
Mindwell
2007-01-29
Vattenfall Treasury in Stockholm decides to continue using Mindwell as their consultancy partner to assist securing quality and quick time-to-market for their business needs.
Mindwell has since Dec 2004 provided consultancy services such as business analysis, system adaptation and maintenance related to Vattenfall Treasury’s FRONT ARENA business usage. This on-going assignment is extended over 2007 to have Mindwell assist in securing quality and quick time-to-market in daily operations and enhancement projects.

Rabo Securities prolongs Service Agreement with
Mindwell
2006-11-23
Rabo Securities in Amsterdam has decided to extend the Service Agreement under which Mindwell provides consultancy services for the implementation of FRONT ARENA.  
Mindwell was assigned in Feb 2006 to provide integration and system adaptation services for Rabo Securities in implementing FRONT ARENA for equity trading, order management and exchange connectivity. This assignment was extended in Nov 2006 to ensure continued access to Mindwell consultants in the areas of business analysis, development and production support for completion and maintenance of the FRONT ARENA implementation.

BNG selects Mindwell to implement analytics for structured products
2006-11-07
Bank Nerderlandse Gemeenten (BNG) has selected Mindwell to provide an interfacing solution between Sungard FRONT ARENA and NumeriX Pro analytics library.
BNG provides financing solutions for municipals and public sector institutions in The Netherlands. The bank is looking to further improve the valuation of structured products, with the aim of improving processes in the area of financial reporting and collateral management, as well as expanding their funding possibilities and those of their clients.
One of the main challenges is to ensure consistent and accurate pricing and risk management of structured products in Sungard FRONT ARENA that is used by BNG as a consolidated trading, lending and risk management platform. BNG chose the NumeriX Pro library as the source of analytics for theoretical valuation and risk management.
Mindwell is assigned to provide a highly flexible interfacing solution that allows BNG to incorporate NumeriX analytics in FRONT ARENA.

Mindwell opens a new branch office in Amsterdam
2006-10-28
We extend our presence in The Netherlands by opening a new branch office in Amsterdam. This is a strategic establishment that will allow us to get closer to our clients both in The Netherlands and in northern Germany.         
The office will be initially lead by Raimon Matele who is also the Regional Manager for the Zurich office. A campaign has been initiated to recruit a local management team and local members of the consulting team who will work alongside experienced consultants from Stockholm transferring to the Amsterdam office.

Mindwell presents integration solution at NumeriX London Seminar
2006-09-27
Mindwell presented the MiNXTM solution at NumeriX London Seminar. Other NumeriX integration partners included Bloomberg and Reuters. 
The MiNX solution is a generalized integration concept for integrating NumeriX Pro analytics with a host trading or risk management platform. MiNX was presented at the seminar in London to a number of leading financial institutions. The other companies presenting integrated solutions for NumeriX analytics were Reuters and Bloomberg. 

 


 

 

 

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