SunGard Named ‘Best Counterparty Risk Solution Provider’ in Waters Rankings 2010
PR Newswire — August 12, 2010
LONDON, Aug. 12 /PRNewswire/ — SunGard been recognized as “Best Counterparty Risk Solution Provider” for the second successive year in the eighth annual Waters Rankings for excellence in financial IT solutions and services. Over 1,200 survey respondents were represented in this year’s awards, including industry participants and readers of the publication.
The award for “Best Counterparty Risk Solution Provider” was won by SunGard’s Adaptiv solution suite, which provides enterprise-wide credit and market risk management and operations solutions for financial institutions. Adaptiv’s integration of credit and counterparty data into a single repository helps give customers reliable, real-time limit checks as well as post-trade analysis.
Mat Newman, vice president of product management for SunGard’s Adaptiv business unit, said, “Unsettled markets and new regulatory demands have turned the spotlight firmly on counterparty credit risk in general, and credit valuation adjustment in particular. SunGard continues to invest in this key area to help our customers move risk management from a control function to a business strategy. This award is further testament to SunGard’s ability to provide innovative solutions that help our customers remain at the forefront of risk management.”
SunGard’s Adaptiv provides enterprise-wide credit and market risk management and operations solutions for financial services institutions. Adaptiv assists institutions of varying size and complexity to deploy technology to meet both internal and regulatory requirements for risk management and operational control. Adaptiv helps financial services institutions from the banking, hedge fund, asset management, insurance and corporate sectors with our deep understanding of risk management and operational processes. Find out more at www.sungard.com/enterpriserisk.
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, visit www.sungard.com.
Trademark Information: SunGard, the SunGard logo and Adaptiv 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.
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