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SunGard Financial Rolls SaaS Software

Salt Lake City-based Sungard Financial Systems, a provider of software for the financial services industry, said this week that it has launched a new hosted version of its wealth management software, WealthStation. The firm said the new web-based platform provides financial planning and asset allocation tools, without requiring the resources, time constraints, and infrastructure costs of implementation. Sungard explained that the software can be accessed on demand by credit card. The firm said the new version of its product is aimed at experienced advisors, who are departing traditional banks and brokerage firms to start their own, independent advisory practices.