Supports Cross-Business, Cross-Industry Risk Management
NEW YORK, Oct. 30 /PRNewswire/ -- SunGard Trading and Risk Systems today
reviewed the progress of its risk integration strategy, and its focus on new
demands for straight-through processing and end-to-end risk management across
businesses and industries.
Jim Ashton, group chief executive officer of SunGard Trading and
Risk Systems, said, "In an electronic world, our clients require a view of
risk across their lines of business for high-level strategic planning and
capital allocation. Our clients' customers are also interested in accessing
their entire risk relationship, including total risk exposure. We've
recognized our customers' growing need for a horizontal view of risk and are
focused on providing integrated solutions that provide front-to-back,
cross-business and cross-industry trade support and risk management."
As part of this customer-focused risk integration strategy, Panorama,
SunGard's cross-asset solution for trading, market, credit and operational
risk, has been integrated with BancWare, an integrated solution for interest
rate risk management, budgeting and forecasting. The combined solution
provides a consolidated view of risk for all on- and off-balance sheet items,
for true enterprise-wide risk management that incorporates market, credit,
operational and interest rate risk management. AKB, BKB, Migrosbank, VP Bank,
Seoul Bank and Hanvit Bank have already signed for this integrated
Panorama/BancWare solution.
Panorama has also been integrated with Epsilon, a suite of products for
energy transaction management, to form Panorama Energy, a robust solution for
high-end energy trading companies. This solution combines risk management
with energy scheduling and delivery. Following a successful implementation at
Williams Energy Marketing and Trading, which licensed Panorama Energy last
year, energy giant Reliant Energy has licensed Panorama Energy in one of the
largest Panorama deals.
Panorama is also being integrated with Decalog, SunGard's front- and
middle-office straight-through processing solution for investment management
activities, to combine portfolio management with firm-wide risk management.
Dexia Asset Management and Romagest, the asset management arm of
Banca di Roma, have both signed for Panorama and Decalog.
SunGard Collateral, a solution that supports collateralized trading, is
integrated with Panorama and will be integrated with Infinity, Opus and
SunGard's newly acquired credit risk system, RXM, to create an integrated
solution for managing risks associated with collateralized trading.
Integration has always been the cornerstone of SunGard Trading and
Risk System's strategy through which straight-through processing of capital
markets activities has been achieved through the integration of various
products, including Panorama, Infinity, Opus and TreasuryTrader. "We are
seeing a continued demand for our vertically integrated solutions -- i.e. for
front-to-back straight-through processing," Mr. Ashton said. For example, IBJ
Nomura Financial Products installed Infinity and TreasuryTrader
straight-through processing of bonds, repos, bond futures, forex and forex
options, interest rate swaps, caps, floors, swaptions and exotic instruments.
Mr. Ashton continued, "SunGard's integration strategy takes risk
management beyond traditional boundaries. It incorporates real-time
desk-level risk management with trade capture, data management, market, credit
and interest rate risk management, portfolio management and budgeting and
forecasting. As the world's proven leader in financial technology, SunGard is
positioned to take risk management into new territories."
About SunGard
SunGard (NYSE: SDS) is a global leader in integrated IT solutions and
eProcessing for financial services. SunGard is also the pioneer and a leading
provider of high-availability infrastructure for business continuity. With
annual revenues in excess of $1 billion, SunGard serves more than
10,000 clients in over 50 countries, including 47 of the world's 50 largest
financial services institutions. Visit SunGard at http://www.sungard.com.
Trademark Information: SunGard, the SunGard logo, Panorama, Infinity,
Opus, TreasuryTrader, BancWare, Decalog, Epsilon, SunGard Collateral and RXM
are trademarks or registered trademarks of SunGard Data Systems Inc. or its
subsidiaries in the U.S. and other countries. All other trade names are
trademarks or registered trademarks of their respective holders.
SOURCE SunGard Trading and Risk Systems
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CONTACT:
in Europe, Sally Clarke, 44-207-337-1018, or
fax, 44-207-337-6010, or sally.clarke@risk.sungard.com, or in
Asia & The Americas, Adriana Senior, 212-317-7489, or fax,
212-223-0220, or adriana.senior@risk.sungard.com, both of SunGard
Trading and Risk Systems
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