SunGard provides software and services to education, financial services, and public sector organizations.
The company was formed in 1983 as a spin-off of the computer services division of Sun Oil Company. The name was created as an acronym for Sun Guaranteed Access to Recovered Data.
SunGard has grown by acquisition, with more than 150 acquisitions over 20 years.
Today SunGard’s data systems and investment support systems are used by banks, stock exchanges, mutual funds, insurance companies, governments for transaction processing, securities and commodities trading, investment accounting, and asset management.
SunGard is #95 on the Forbes list of America’s Largest Private Companies, is #585 in the Fortune 1000, has 17,000 employees, and had $4.26 billion in revenue in 2013.
SunGard Data SystemsSunGard provides software and services to education, financial services, and public sector organizations.
The company was formed in 1983 as a spin-off of the computer services division of Sun Oil Company. The name was created as an acronym for Sun Guaranteed Access to Recovered Data.
SunGard has grown by acquisition, with more than 150 acquisitions over 20 years.
History
Today SunGard’s data systems and investment support systems are used by banks, stock exchanges, mutual funds, insurance companies, governments for transaction processing, securities and commodities trading, investment accounting, and asset management.
SunGard is #95 on the Forbes list of America’s Largest Private Companies, is #585 in the Fortune 1000, has 17,000 employees, and had $4.26 billion in revenue in 2013.