SUNGARD NAMED BEST MARKET RISK SOLUTION PROVIDER.
25 July, 2013
SunGard’s Adaptiv solution has been awarded “Best Market Risk Solution Provider” in the 2013 Waters Technology Rankings.
The awards, which are voted for by readers of Waters magazine and industry participants, recognize excellence among providers to the financial industry.
SunGard’s Adaptiv provides enterprise-wide credit and market risk management and risk pricing solutions for financial institutions. The solution, which can be deployed on a hosted platform or in-house, helps customers measure, manage and monitor market risk. It also helps provide a true portrayal of positions, which supports risk reporting and helps firms meet regulatory requirements. By helping to provide improved risk management, SunGard’s Adaptiv helps firms enhance their competitive performance.
Adaptiv’s market risk solution is designed to help meet the regulatory and internal requirements for enterprise market risk assessment, control and reporting. It helps equip firms with improved analytical capabilities to better identify sources of risk for enhanced trading and risk decision making. The solution’s rich infrastructure supports Basel and other regulatory requirements including: Value at Risk (VaR), Stress VaR, worst historical period, Equity Specific Risk, Debt Specific Risk, Stress Testing, VaR Back Testing and Incremental Risk Charge (IRC).
“The Adaptiv solution suite is helping more than 120 firms worldwide improve transparency of risk data and adopt a more strategic risk management practice. This latest accolade, voted for by the industry, reflects SunGard’s continued commitment to develop solutions that help financial institutions enhance risk infrastructures and drive competitive advantage for improved risk management,” commented Juerg Hunziker, president, Trading & Risk solutions of SunGard’s Capital Markets business .
