Houston, TX (PRWEB) May 23, 2012
SunGard’s energy consulting services practice has been named “Regulatory Advisory Firm of the Year” by Energy Risk Magazine. This distinction recognizes both SunGard’s deep consulting expertise and unique transaction monitoring and surveillance service offering. Driven by heightened oversight by regulators and shareholders, companies are increasingly looking to trade surveillance services to help mitigate risk that could undermine market confidence and capital adequacy.
SunGard’s transaction monitoring and surveillance service is an analytical and advisory offering that addresses external regulatory requirements and internal controls. It helps companies improve posture with regulators through greater transparency, and provides a tool to mitigate risk associated with undesirable trading practices and behaviors. The consulting service also provides insights into trading activities that a company may not otherwise notice through legacy risk reporting methods.
“Greater regulatory scrutiny and the need for more transparency into trading activity to identify potential trouble spots is fueling the need for innovative services such as SunGard’s trade surveillance and monitoring service,” says Stella Farrington, editor, Energy Risk.
“SunGard’s unique transaction monitoring and surveillance service can help companies eliminate the need to implement and build complex trade surveillance systems,” said Austin Morris, global managing partner for SunGard’s Global Services, Energy and Utilities practice. “SunGard’s transaction monitoring and surveillance service helps lower the initial cost of compliance. SunGard is also working with customers to implement these custom trade surveillance algorithms, reports and processes into their own risk management and compliance frameworks. We’re pleased to receive this honor and to be recognized as an innovative, forward thinking advisory firm.”
About SunGard’s Global Consulting Services
SunGard Global Consulting Services helps financial services and energy companies solve business problems by managing their complex technology and operational needs. Focused on large scale data and process management, custom application development and systems integration; we combine business and technology consulting and managed services to deliver innovative custom solutions. We help our customers capitalize on and manage the consequences of business, technology and regulatory change. For more information, visit us at http://www.sungard.com/globalservices/learnmore.
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, 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 of about $4.5 billion, SunGard is the largest privately held software and services company and is ranked 480 on the Fortune 500. Look for us wherever the mission is critical. For more information, please visit http://www.sungard.com.
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