SunGard Releases InTrader 10.0 with Multi-Currency Capabilities
SunGard has released version 10.0 of its InTrader fixed income processing solution. InTrader 10.0 includes multi-currency processing, money market amortization and non-business day accrual option capabilities, as well as enhanced interest rate indexing. According to SunGard the version was developed as a result of customer focus group activities. New capabilities allow it to process non-US dollar denominated fixed income securities, including all instrument and portfolio types, such as single-currency repurchase agreements. It also includes improved accounting of brokered money market instruments, such as commercial paper and certificates of deposit, by supporting the issuance of instruments at prices other than par to allow for the proper amortization or accretion of the discount or premium.