TOKYO, Nov. 9 /PRNewswire/ -- Infinity, a SunGard company today announced
that Sanwa Securities in Tokyo has gone live with Infinity Derivatives, a
component of the Infinity 7 solution. Infinity is the leading provider of
enterprise solutions for financial trading, risk management and operations.
Sanwa Securities selected Infinity 7 to support their newly established
derivatives operation in Tokyo earlier this year, and is the first Japanese
securities company to go live with Infinity 7. Sanwa uses Infinity
Derivatives to price, trade and hedge its interest rate derivative positions,
along with Infinity Limit Manager, which provides pre-deal limit checking and
real-time position limit monitoring capability. The two integrated
applications enable traders to check credit and other exposures from the deal
entry screen.
The successful implementation of the system was managed by a project team
from Infinity Japan. In addition to coordinating the installation and the
training process, Infinity Japan's development team provided the design and
the implementation of interfaces to other systems used at Sanwa. These
interfaces are based on Infinity 7's event-driven architecture, and feed trade
and position data to external systems in real time.
Mr. Takashi Fujiwara, general manager of the risk management office at
Sanwa, says, "Bringing Infinity Derivatives and Limit Manager into production
gives us the ability to price, trade and risk manage a wide range of
derivatives products. The whole suite of Infinity 7 applications provides
rich functionality and we were ready to go in production within a short period
of time. We are satisfied with the project management and development
services provided by Infinity Japan, which was of a high standard."
The decision to use Infinity for their derivatives operation was based on
Infinity's proven capability for supporting sophisticated derivatives
operations. Roger Lang, chairman of Infinity comments, "We have a long
history of providing financial software technology to the Sanwa Group of
companies. The project we have just completed with Sanwa Securities is our
first with a Tokyo division of Sanwa. We are pleased with the success, and
believe that the project demonstrates Infinity is well capable of providing a
complete solution, including software products, project management and
development services in Japan."
About Sanwa Securities
Sanwa Securities, a wholly owned subsidiary of the Sanwa Bank, Limited,
was established in 1994 following the passage of Japan's financial system
reform law. Today Sanwa Securities is an active participant in a wide range
of investment banking activities, including corporate finance services,
long-term government bond auctions, securitization of assets, and portfolio
services. Responding to the deregulation and internationalization of
financial markets in Japan, Sanwa Securities continues to develop new products
and services based on the latest technology and information, and provides its
customers the services which quickly responds to their changing and
increasingly complex needs.
About Infinity
Infinity, a SunGard company, provides enterprise solutions for financial
trading, risk management and operations. Its customers are banks, asset
managers, corporates and government treasuries of every size, geographic
spread and operational complexity. Only Infinity's adaptable applications
integrate all the trading, risk management and operations activities of the
enterprise. Infinity, a SunGard company, is an operating unit of SunGard Data
Systems Inc. (NYSE: SDS), the largest specialized provider of proprietary
investment support systems, a pioneer and leading provider of comprehensive
computer disaster recovery services and a provider of proprietary health care
information systems. SunGard Data Systems can be reached at
http://www.sungard.com. Infinity can be reached at http://www.infinity.com.
Trademark Info: SunGard, Infinity, the Infinity logo, Infinity 7,
Infinity Derivatives and Infinity Limit Manager 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 Infinity
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Related links:
http://www.infinity.com
Company News On-Call:
http://www.prnewswire.com/comp/115467.html or fax,
800-758-5804, ext. 115467
CONTACT:
Briana Jolicoeur, 650-940-6100, or
briana_jolicoeur@infinity.com, or in Europe, Rachel Fraser,
44-0-171-337-6000, or rachel_fraser@infinity.com, or in
Asia-Pacific, Trevor Builder, 61-2-9264-2255, or
trevor_builder@sungard-ds.com.au, all of Infinity
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