SunGard is one of the leading providers of compliance solutions to the financial services industry Mr. Nosal will be responsible for leading strategic initiatives across SunGard's products and services that help customers address internal policies and externally mandated compliance requirements in a timely and cost-efficient manner.

Mr. Nosal joins SunGard from Friedman, Billings, Ramsey & Co., Inc. (FBR), where he was the compliance officer for the fixed income trading desks and the ABS/MBS Investment Banking group. Prior to FBR, Mr. Nosal was responsible for product management and sales of compliance software products at Mantas, Inc. Previously, he held senior strategy, sales and management team roles at solution providers including PricewaterhouseCoopers and CC Pace Systems, Inc. where he focused on developing trading and banking applications and providing consulting services for the financial services industry.

Mr. Nosal commented, "Compliance remains a priority across the financial services industry. SunGard offers a broad range of products that help address complex compliance needs. My role will be to influence the direction of SunGard's compliance solutions in a manner that makes sense for our customers."

Don Wood, chief product officer for SunGard's financial systems business, added, "We are very pleased to have Bill on board. His experience in compliance and technology-based solutions, deep understanding of trading and operational support and first hand experience as a compliance officer, will be valuable to SunGard and our customers as we continue to streamline our compliance offerings."

Separately, SunGard today announced that bank holding company Meta Financial Group, Inc. (MFG) has implemented BancWare ALM for asset/liability management, helping its treasury department to optimize balance sheet risk and maximize earnings and shareholder value.

BancWare ALM is an integrated, flexible, balance sheet management solution that provides compvides comprehensive ALM, strategic planning, and simulation.

Significant recent and forecasted bank growth was the driver for MFG to re-evaluate how its treasury department supports strategic decision-making through balance sheet risk analysis and reporting. BancWare ALM helps MFG to more proactively identify, forecast and mitigate underlying risks, make better decisions on asset/liability mix on the balance sheet, better pinpoint measures including duration and yield curve targets, and better spot future earnings streams. The solution also facilitates more timely, accurate and custom reporting. Utilizing BancWare ALM's combination of flexible modeling capability and user-friendly interface, MFG's treasury group has control over data input, analysis and reporting.

Jon Gaiser, chief financial officer at Meta Financial Group, said, "BancWare's performance and functionality has demonstrated that it is well suited for a bank holding company of our size and profile. The solution has helped us to upgrade our ALM processes with improved balance sheet risk analysis and reporting. Its flexible and scalable framework will also help accommodate our projected growth. SunGard delivered an on-time, on-budget implementation of BancWare, without straining our IT resources."

Terence Faherty, president of SunGard's BancWare business unit, said, "Our goal is to help our customers employ risk management best practices and facilitate growth. Meta Financial Group's use of BancWare ALM is a role model for mid-sized banks that want to take a more sophisticated approach to balance sheet management."