SunGard has acquired Dataware Solutions, Inc., which provides automated personal trading, code of ethics, and employee compliance solutions to financial institutions. Dataware Solutions will become part of SunGard's Protegent compliance, surveillance, and suitability solutions business.

"Dataware Solutions brings expertise and a proven application that will help us to meet the proactive compliance needs of broker/dealers, investment advisers, hedge funds, and money managers," says Paul Erickson, president of SunGard's Protegent business unit. "Adding Dataware Solutions to Protegent will help us extend employee compliance capabilities to organizations that need better risk controls but do not have the time or expertise to build a solution themselves."

SunGard supplies compliance and risk mitigation solutions that encompass risk management, surveillance, supervision, regulatory, and ethics monitoring. Leveraging SunGard's architecture, compliance components can be deployed alongside or embedded within line-of-business systems and orchestrated to offer an enterprisewide view. SunGard also delivers regulatory and compliance consulting services designed to help senior executives at financial institutions assess the quality and substance of their risk and compliance programs.