Dubai joins other global financial centres in hosting SunGard City Days event

Notes and media contacts

About DIFC:
The Dubai International Financial Centre (DIFC) is an onshore hub for global finance. It bridges the time gap between the financial centres of Hong Kong and London and services a region with the largest untapped emerging market for financial services. In just five years, over 850 firms have registered at DIFC. They operate in an open environment complemented with world-class regulations and standards. DIFC offers its member institutions incentives such as 100% foreign ownership, zero tax on income and profits and no restrictions on foreign exchange. In addition their business benefits from modern infrastructure, operational support and business continuity facilities of uncompromisingly high standards.


About SunGard Middle East:
With annual revenue exceeding $5bn, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. www.sungard.com.

SunGard Financial Systems provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry. The primary purpose of most of these systems is to automate the many specialized business processes associated with trading, managing investment portfolios and accounting for investment assets. They address the processing requirements of a broad range of users within financial services, including asset managers, traders, custodians, compliance officers, treasurers, insurers, risk managers, hedge fund managers, plan administrators and clearing agents. SunGard also provides consulting services that focus on implementation and integration of these solutions and on software development.

SunGard has 17,900 employees who work in 400 offices in 30 countries. It's corporate headquarters is located in Wayne, Pennsylvania. SunGard serves more than 25,000 customers in more than 70 countries, including the world's 25 largest financial services companies.

With an expanding footprint in the Middle East region, SunGard Middle East headquarters in Dubai extends it's local support and implementation capabilities to a regional customer base of over 70 financial institutions. SunGard's regional office in the Dubai International Financial Centre, serves as a hub for all of the business development and project management of the regions' financial systems industry.

Every day, 800 banks in 70 countries rely on SunGard's Ambit to help them transform their business and discover new growth opportunities. Ambit helps them unlock the potential of their business and become the bank of the future. Ambit is a suite of solutions for retail, commercial and private banking, straight-through enterprise processing, treasury management, finance, risk and compliance.

Contact:
Amira Abdulla
Director - Regional Public Relations
Dubai International Financial Centre
Tel: +971 4 362 2433

Shaima Al Zarouni
Assistant PR Manager
Dubai International Financial Centre
Tel: +971 4 362 2432

or

Reem Rabia
Marketing Manager
SunGard Financial Systems Middle East
Tel: +971 4 391 1189