SunGard, the financial technology firm, announced yesterday
it has expanded the philanthropic and endowment processing capabilities of its
AddVantage trust accounting solution.

Through an interface with Stellar Technology Solutions’ iPhi
platform, the system now provides the specialized sub-account processing,
statements and reporting as well as daily valuations required by financial
institutions servicing endowments.

“Combining the capabilities of SunGard’s trust accounting
solutions with Stellar Technology Solutions’ iPhi platform will help financial
institutions operate smarter by reducing administrative costs and manual
processes,” Eileen Van Scoy, executive vice president within SunGard’s wealth and
retirement administration business, said in a statement.

The combined solution also offers delivery in a managed
services environment as well as secure portals for donors, grantees, scholars,
committee members, financial advisors and other constituents. It also provides
endowment non-profit organizations, such as public charities and private
foundations, with reporting and user access to enhance transparency of
information and expenses.

SunGard plans to extend the Stellar Technology Solutions’
iPhi interface for its Charlotte
and Global Plus trust accounting solutions this year.