Exhibit 21.1

SUNGARD DATA SYSTEMS INC.

SUBSIDIARIES OF THE REGISTRANT



|                                                               
|---------------------------------------------------------------
|SUNGARD DATA SYSTEMS INC. (Delaware)                           
|DATA TECHNOLOGY SERVICES INC. (Delaware)                       
|ELINK PROCESSING LLC (Delaware)                                
|SUNGARD AVAILABILITY INC. (Delaware)                           
|SUNGARD INVESTMENT VENTURES LLC (Delaware)                     
|AUTOMATED SECURITIES CLEARANCE LLC (Delaware)                  
|ASC SOFTWARE INC. (Delaware)                                   
|AUTOMATED SECURITIES CLEARANCE (EUROPE) LIMITED (England/Wales)
|SUNGARD GLOBAL EXECUTION SERVICES LLC (New York)               
|SUNGARD TRADING SYSTEMS VAR LLC (Delaware)                     
|BANCWARE LLC (Delaware)                                        
|FDP LLC (Delaware)                                             
|FDP EUROPE LIMITED (Scotland)                                  
|FDP SOFTWARE SOUTH AFRICA (PROPRIETARY) LIMITED (South Africa) 
|FINANCIAL DATA PLANNING CORP. (Delaware)                       
|MBM INC. (Delaware)                                            
|MICROHEDGE LLC (Delaware)                                      
|ONLINE SECURITIES PROCESSING INC. (Delaware)                   
|ASSENT LLC (Delaware)                                          
|ASSENT SOFTWARE LLC (Delaware)                                 
|PLAID BROTHERS SOFTWARE, INC. (California)                     
|PORTFOLIO VENTURES INC. (Delaware)                             
|PRESCIENT MARKETS INC. (Delaware)                              
|SIS EUROPE HOLDINGS INC. (Delaware)                            
|SUNGARD FINANCE SAS (France)                                   
|SUNGARD FORBATEC GMBH (Germany)                                
|SUNGARD INVESTMENT SYSTEMS S.A. (Switzerland)                  
|SUNGARD SYSTEMS LUXEMBOURG S.A. (Luxembourg)                   
|SUNGARD SIS LUXEMBOURG SARL (Luxembourg)                       
|SUNGARD ASIA PACIFIC INC. (Delaware)                           
|SUNGARD ASSET MANAGEMENT SYSTEMS LLC (Delaware)                
|WORLD SYSTEMS INC. (Delaware)                                  
|SUNGARD AVAILABILITY SERVICES (FRANCE) SA (France)             
|SUNGARD BI-TECH LLC (Delaware)                                 
|SUNGARD BSR INC. (Delaware)                                    
|SUNGARD BUSINESS SYSTEMS LLC (Delaware)                        
|SUNGARD ADVISOR TECHNOLOGIES INC. (California)                 
|SUNGARD WEALTH MANAGEMENT SERVICES, LLC (Delaware)             
|SUNGARD CANADA HOLDINGS INC. (Delaware)                        
|SUNGARD CANADA NOVA SCOTIA CORPORATION (Nova Scotia)           
|2732-9994 QUEBEC INC. (Quebec)                                 
|SUNGARD EMS INC. (Canada)(1)                                   
|TRUERISK CORPORATION (Nova Scotia)                             
|SUNGARD COLLEGIS INC. (Delaware)                               
|SUNGARD COMPUTER SERVICES LLC (Delaware)                       
|SUNGARD CONSULTING SERVICES INC. (Delaware)                    
|SUNGARD CORBEL LLC (California)                                
|SUNGARD DIS INC. (Delaware)                                    



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|                                                                                     
|-------------------------------------------------------------------------------------
|SUNGARD DEALING SYSTEMS PTY LIMITED (Australia)                                      
|SUNGARD SYSTEMS (THAILAND) COMPANY LIMITED (Thailand)                                
|SUNGARD ENERGY SYSTEMS INC. (Delaware)                                               
|SUNGARD KIODEX INC. (Delaware)                                                       
|SUNGARD EPROCESS INTELLIGENCE INC. (Delaware)                                        
|SUNGARD ERISK INC. (Delaware)                                                        
|SUNGARD EXPERT SOLUTIONS INC. (Utah)                                                 
|SUNGARD FINANCIAL SYSTEMS LLC (Delaware)                                             
|SUNGARD INSURANCE SYSTEMS LLC (Delaware)                                             
|SUNGARD FINANCING LLC (Delaware)                                                     
|SUNGARD FUNDING LLC (Delaware)                                                       
|SUNGARD FUNDING II LLC (Delaware)                                                    
|SUNGARD HTE INC. (Florida)                                                           
|HTE-ALBERTA, LTD. (Alberta)                                                          
|HTE-UCS, INC. (Florida)                                                              
|SUNGARD INSTITUTIONAL BROKERAGE INC. (New York)                                      
|SUNGARD INTERNATIONAL HOLDINGS INC. (Delaware)                                       
|OSHAP TECHNOLOGIES LTD. (Israel)                                                     
|DECALOG GENIE INFORMATIQUE S.A.S. (France)                                           
|CADEXTAN S.A. (France)                                                               
|DECALOG (U.K.) LTD. (England/Wales)                                                  
|SUNGARD (ISRAEL) LTD. (Israel) (2)                                                   
|SUNGARD BUSINESS INTEGRATION AG (Switzerland)                                        
|SUNGARD BUSINESS INTEGRATION GMBH (Germany)                                          
|SUNGARD BUSINESS INTEGRATION (UK) LIMITED (England/Wales)                            
|SUNGARD INVESTMENT PRODUCTS INC. (Delaware)                                          
|SUNGARD INVESTMENT SYSTEMS LLC (Delaware)                                            
|SUNGARD NETWORK SOLUTIONS INC. (Delaware)                                            
|SUNGARD PENTAMATION INC. (Pennsylvania)                                              
|SUNGARD REFERENCE DATA SOLUTIONS INC. (Delaware)                                     
|SUNGARD SAS CANADA HOLDINGS INC. (Delaware)                                          
|SUNGARD AVAILABILITY SERVICES (CANADA) LTD. (Ontario)                                
|SUNGARD SAS HOLDINGS INC. (Delaware)                                                 
|SUNGARD AVAILABILITY SERVICES LTD. (Delaware)                                        
|GUARDIAN IT (England/Wales)                                                          
|GUARDIAN DR (OVERSEAS HOLDINGS) LIMITED (England/Wales)                              
|GUARDIAN FRANCE (France)                                                             
|GUARDIAN IT AG (Switzerland)                                                         
|GUARDIAN IT HOLDINGS (BELGIUM) (Belgium)                                             
|GUARDIAN IT FRANCE (France)                                                          
|SUNGARD AVAILABILITY SERVICES (BELGIUM) (Belgium)                                    
|SUNGARD AVAILABILITY SERVICES (DEUTSCHLAND) GMBH (Germany)                           
|SUNGARD AVAILABILITY SERVICES (LUXEMBOURG) SA (Luxembourg)                           
|SUNGARD AVAILABILITY SERVICES (NORDIC) AB (Sweden)                                   
|IXSECURITY AB (Sweden)                                                               
|KINGSWELL AB (Sweden)                                                                
|SUNGARD AVAILABILITY SERVICES (DENMARK) A/S (Denmark)                                
|SUNGARD AVAILABILITY SERVICES (NORWAY) AS (Norway)                                   
|IXGUARDIAN LIMITED (England/Wales)                                                   
|SUNGARD AVAILABILITY SERVICES (DR) LIMITED (England/Wales)                           
|SUNGARD AVAILABILITY SERVICES (SOUTH AFRICA) (PROPRIETARY) LIMITED (South Africa) (3)
|TELEVAULT IT LIMITED (England/Wales)                                                 
|SUNGARD AVAILABILITY SERVICES (UK) LIMITED (England/Wales)                           



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|                                                              
|--------------------------------------------------------------
|SUNGARD SECURITIES FINANCE LLC (Delaware)                     
|SUNGARD SECURITIES FINANCE INTERNATIONAL INC. (Delaware)      
|SUNGARD SECURITIES FINANCE CANADA CORP. (Nova Scotia)         
|SUNGARD SHAREHOLDER SYSTEMS LLC (Delaware)                    
|SUNGARD SYSTEMS INTERNATIONAL INC. (Pennsylvania)             
|ALMAFINJAEGER AG (Switzerland)                                
|DERIVATCH RISK SOLUTIONS, INC. (Delaware)                     
|DERIVATECH UK LIMITED (England/Wales)                         
|FRONT CAPITAL SYSTEMS HOLDING AB (Sweden)                     
|FRONT CAPITAL SYSTEMS AB (Sweden)                             
|FRONT CONSULTING AB (Sweden)                                  
|KRONOS SOFTWARE LIMITED (England/Wales)                       
|SUNGARD AG (Switzerland)                                      
|SUNGARD DEUTSCHLAND GMBH (Germany)                            
|SUNGARD FRANCE SARL (France)                                  
|SUNGARD IBERIA, S.L. (Spain)                                  
|SUNGARD ITALIA, S.R.L. (Italy)                                
|SUNGARD SOFTWARE, INC. (Delaware)                             
|SUNGARD SYSTEMS HONG KONG LIMITED (Hong Kong)                 
|SUNGARD SYSTEMS JAPAN KK (Japan)                              
|SUNGARD SYSTEMS KOREA LTD. (Korea)                            
|SUNGARD SYSTEMS PHILIPPINES INC. (Philippines)                
|SUNGARD SYSTEMS PTY LIMITED (Australia)                       
|SUNGARD SYSTEMS SINGAPORE PTE LIMITED (Singapore)             
|SUNGARD UK HOLDINGS LIMITED (England/Wales) (4)               
|SUNGARD ENERGY SOLUTIONS LIMITED (England/Wales)              
|FAME (UK) HOLDINGS LIMITED (England/Wales)                    
|EX-FIS LIMITED (England/Wales)                                
|SUNGARD DATA MANAGEMENT SOLUTIONS (UK) LIMITED (England/Wales)
|MONIS MANAGEMENT LIMITED (England/Wales)                      
|MONIS SOFTWARE INC. (New York)                                
|MONIS SOFTWARE LIMITED (England/Wales)                        
|REAL TIME FINANCIAL MANAGEMENT LTD. (England/Wales)           
|REECH CAPITAL LIMITED (England/Wales)                         
|SUNGARD REECH (FRANCE) SAS (France)                           
|SUNGARD SECURITIES FINANCE LIMITED (England/Wales)            
|SUNGARD HOLDINGS LIMITED (England/Wales)                      
|SUNGARD ENFORM CONSULTING (EUROPE) LIMITED (England/Wales)    
|SUNGARD INVESTMENT SYSTEMS U.K. LIMITED (England/Wales)       
|SUNGARD SYSTEMS LTD. (England/Wales)                          
|SUNGARD PENSIONS LIMITED (England/Wales)                      
|SUNGARD TREASURY SYSTEMS UK LIMITED (England/Wales)           
|SUNGARD VIVISTA HOLDINGS LIMITED (England/Wales)              
|SUNGARD VIVISTA LIMITED (England/Wales)                       
|SUNGARD INSURANCE SERVICES LIMITED (England/Wales)            
|SUNGARD SHERWOOD SYSTEMS LIMITED (England/Wales)              
|SHERWOOD US HOLDINGS LIMITED (England/Wales)                  
|SUNGARD SHERWOOD SYSTEMS HOLDINGS (CANADA) INC. (Ontario)     
|SUNGARD SHERWOOD SYSTEMS (CANADA) INC. (Ontario)              
|SUNGARD SHERWOOD SYSTEMS HOLDINGS (US) INC.(Delaware)         
|SUNGARD SHERWOOD SYSTEMS (US) INC. (Delaware)                 
|SUNGARD SHERWOOD SYSTEMS GROUP LIMITED (England/Wales)        
|SUNGARD SHERWOOD SYSTEMS (PROMARK) LIMITED (England/Wales)    
|SUNGARD TECHNOLOGY SERVICES LLC (Delaware)                    



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|                                                                 
|-----------------------------------------------------------------
|INFLOW LLC (Delaware)                                            
|SUNGARD AVAILABILITY SERVICES LP (Pennsylvania) (5)              
|SRS DEVELOPMENT INC. (Delaware)                                  
|SUNGARD DEVELOPMENT CORPORATION (Delaware)                       
|SUNGARD LATINOAMERICA, S.A. DE C.V. (Mexico)                     
|SUNGARD TREASURY SYSTEMS INC. (California)                       
|INTEGRITY TREASURY SOLUTIONS LIMITED (England/Wales)             
|INTEGRITY TREASURY SOLUTIONS INC. (Delaware)                     
|INTEGRITY TREASURY SOLUTIONS CANADA INC. (Canada)                
|INTEGRITY TREASURY SOLUTIONS EUROPE LIMITED (England/Wales)      
|INTEGRITY TREASURY SOLUTIONS PTY LTD. (Australia)                
|SUNGARD SYSTEMS NZ LIMITED (New Zealand)                         
|SUNGARD TRUST SYSTEMS LLC (Delaware)                             
|SUNGARD WORKFLOW SOLUTIONS LLC (Delaware)                        
|SYSTEMS & COMPUTER TECHNOLOGY CORPORATION (Delaware)             
|EXETER EDUCATION MANAGEMENT SYSTEMS, INC. (Massachusetts)        
|SCT SOFTWARE SOLUTIONS (INDIA) PRIVATE LIMITED (India)           
|SCT TECHNOLOGIES DE MEXICO S. DE R.L. DE C.V. (Mexico)           
|SUNGARD SCT INC. (Delaware)                                      
|SUNGARD SCT (UK) LIMITED (England/Wales)                         
|SUNGARD SCT TECHNOLOGIES (CANADA) INC. (Ontario)                 
|SYSTEMS COMPUTER TECHNOLOGY DE MEXICO S. DE R.L. DE C.V. (Mexico)
|THE GETPAID LLC (Delaware)                                       
|GPI MARKETING AND SERVICES, LLC (Delaware)                       
|GETPAID FRANCE SARL (France)                                     
|TRUST TAX SERVICES OF AMERICA, INC. (Massachusetts)              
|WALL STREET CONCEPTS INC. (New York)                             



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NOTES:



|(1) | Jointly owned by 2732-994 Quebec Inc. and SunGard Canada Nova Scotia Corporation.
|--- | ---------------------------------------------------------------------------------



|(2) | Jointly owned by TP Technologies S.A., Oshap Technologies Ltd. and Oshap Software Industries Ltd.
|--- | -------------------------------------------------------------------------------------------------



|(3) | Jointly owned by Guardian iT and Guardian dr (Overseas Holdings) Limited.
|--- | -------------------------------------------------------------------------



|(4) | Jointly owned by SunGard Systems International Inc., SunGard Energy Systems Inc., SunGard Treasury Systems Inc., SunGard Securities Finance International Inc. and SunGard Reference
Data Solutions Inc.
|--- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|(5) | General partnership interest owned by SunGard Technology Services LLC and limited partnership interest owned by InFlow LLC.
|--- | ---------------------------------------------------------------------------------------------------------------------------



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