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Under Conde's direction, the Trading Systems division expanded to four groups comprised of twenty-two operating units employing over two thousand staff. In August 2005, Conde was instrumental in turning SunGard private in a leveraged buy-out (LBO) valued at $11.5 billion – at the time the second largest LBO ever. SunGard is now the largest privately held software and IT services company. Prior to joining SunGard, Conde co-founded Devon Systems International, Inc., which was acquired by SunGard in 1987. At the time, Devon focused on providing systems for the interest rate and currency derivatives markets. Born in Santiago, Chile, Conde holds a B.S. in Astronomy and Physics from Yale University. |
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