Bonner Joins SunGard Energy Systems Team.WAYNE, Pa.--(BUSINESS WIRE)--April 28, 1999-- SunGard Energy Systems, a business group of SunGard Data Systems Inc. (NYSE NYSE See: New York Stock Exchange :SDS 1. (company) SDS - Scientific Data Systems. 2. (tool) SDS - Schema Definition Set. ), has appointed Henry Bonner managing director of business development. In this new position, Bonner will be responsible for solidifying SunGard Energy Systems' infrastructure, including its sales and distribution functions; identifying strategic partners and acquisition prospects; and facilitating synergistic relationships between SunGard Energy Systems, other SunGard Data Systems companies, alliance partners, and new SunGard Energy Systems subsidiaries. Bonner moves to SunGard Energy Systems from Infinity, a SunGard Company, which was acquired by SunGard Data Systems in early 1998. While at Infinity, which is a provider of enterprise software solutions for financial trading and risk management, he served as director of business development. Prior to joining Infinity, Bonner was UK general manager for Sailfish sailfish, common name for a marine game and food fish belonging to the family Istiophoridae and related to the swordfish and the marlin. It is named for its high, wide dorsal fin, colored deep blue with black spots. , a pioneering risk management consultancy firm, where he was responsible for the company's European sales and marketing effort. "I am very pleased to have someone of Henry's caliber join the SunGard Energy Systems team," said group chief executive officer Richard McCarthy. "His strong sales and marketing background in the worldwide capital markets will enable us to more quickly implement our global expansion strategy in the energy trading and risk management systems arena." The SunGard Energy Systems group includes Houston-based Primo Systems Inc., the leading provider of price risk management systems to the energy industry. The wholly-owned subsidiary's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. -- Primo Risk Manager -- uses a real-time relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. to provide simultaneous control of physical and financial trading books Trading Book The portfolio of financial instruments held by a brokerage or bank. The financial instruments in the trading book are purchased or sold to facilitate trading for their customers, to profit from spreads between the bid/ask spread, or to hedge against various types of for integrated oil, gas and electric companies. SunGard Data Systems Inc.'s business is computer service and application software. The Company is the only large specialized provider of proprietary investment support systems, and is the pioneer and a leading provider of comprehensive computer disaster recovery services. SunGard Data Systems Inc. common stock is reported on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol SDS. |
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