New York, NY (PRWEB) August 01, 2012
Chartis, a research and advisory firm that provides technology and business advice to the global risk management industry, analyzed a range of Basel III solutions for their completeness and market potential. SunGard’s Adaptiv and Ambit solutions for on-and-off-balance sheet risk management scored highly in both dimensions.
SunGard’s Adaptiv provides risk management, risk-based pricing and analytics solutions that help financial services firms of all sizes around the world solve and manage regulations. Adaptiv helps customers implement the complex infrastructure demanded by Basel III IMM applications and the changes required for central clearing. SunGard’s Ambit provides risk and performance management solutions to help banks acquire an enterprise wide view of risk, liquidity, capital and profitability to aid strategic decision making, protect revenues and comply with Basel III.
Peyman Mestchian, managing partner at Chartis Research, said, “To adapt to the pressure on resources and the impact of new regulations, financial institutions will need to improve capital management; integrate functions, especially risk and finance, and front and back offices; and implement enterprise-wide risk management. As a category leader, SunGard has depth and breadth of solution functionality, innovative technology such as real-time pre-deal checking and extensive collateral modeling and management solutions, and deep domain expertise. SunGard can address the needs of very large customers with complex risk management and technology requirements, as well as the needs of smaller customers that are looking for integrated solutions from a single vendor.”
Harold Finders, chief executive officer, SunGard Financial Systems, said, “Our recognition as a category leader in Basel III solutions reflects our focus and investment to help financial services firms respond to regulatory change, which is one of their biggest challenges. We understand that in addition to high-quality software, our customers look to us to provide expert advice, professional services and hosting capabilities that help them to meet their Basel III obligations in the most optimal manner.”
Watch Peyman Mestchian discuss the latest risk challenges facing financial institutions.
Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology. Chartis is authorized and regulated by the Financial Services Authority (FSA) for providing investment advice - (http://www.chartis-research.com).
About SunGard Financial Systems
SunGard Financial Systems provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry. The primary purpose of these systems is to automate the many detailed processes associated with trading, managing investment portfolios and accounting for investment assets. These solutions address the processing requirements of a broad range of users within financial services, including asset managers, traders, custodians, compliance officers, treasurers, insurers, risk managers, hedge fund managers, plan administrators and clearing agents. In addition, we also provide professional services that focus on application implementation and integration of these solutions and on custom software development.
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. For more information, please visit http://www.sungard.com.
Trademark Information: SunGard, the SunGard logo, Adaptiv and Ambit 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.