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Info Tech: December 15, 2010 eNewsLetter
December 15, 2010

SunGard One of the Top Vendors in Annual RiskTech100 Rankings

SunGard, a software and technology services company, claimed that it has been named as one of the top vendors in the fifth annual RiskTech100 rankings presented by Chartis Research, a provider of research and analysis for risk management technology.

According to a press release, the rankings are claimed to have been developed using a comprehensive review of risk management systems and a detailed assessment methodology. Results for this year were compiled from 827 questionnaires completed by technology buyers and end-users. More than 200 interviews were conducted with technology buyers, independent consultants and systems integrators specializing in risk technology to validate survey findings.

SunGard claimed that it offers integrated, enterprise-wide solutions for market, liquidity, credit and operational risk management, as well as asset liability management. Customers include banks, securities houses, broker/dealers, clearers, asset managers, hedge funds, insurance companies, pension funds, corporations and government entities of every size, geographical reach and operational complexity. SunGard solutions offer pre- and post-trade risk management, in real-time, across diverse trading and clearing platforms. They help banks perform multidimensional analysis of the balance sheet and create a centralized view of cash, liquidity, and risk across the enterprise.

Peyman Mestchian, managing partner at Chartis Research, stated that there is an increased demand for integrated risk management due to the introduction of new regulations and compliance initiatives and recent changes in the financial services sector. SunGard is one amongst fewer vendors with the expertise and execution ability to deliver this promise by providing a portfolio of capabilities covering the full spectrum of financial risks in the banking book and trading book, as well as life insurance.

Harold Finders, division chief executive officer for SunGard Financial Systems, added that for the third time in five years, SunGard has been named the No. one vendor in the RiskTech100 rankings, further demonstrating SunGard's position as a world-class provider of risk management solutions. SunGard's risk management solutions encompass the full risk environment to address liquidity, credit, market and operational risk individually as well as together in collaboration to drive current and future risk strategies.


Nathesh is a contributing editor for TMCnet. To read more of Nathesh's articles, please visit his columnist page.

Edited by Jaclyn Allard

(source: http://it.tmcnet.com/topics/it/articles/127008-sungard-one-the-top-vendors-annual-risktech100-rankings.htm)

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