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SunGard Wins FOW Best New Product Award for Cross-Asset Risk Solution

SunGard’s Front Arena cross-asset risk solution was awarded best new trading and execution product at the FOW International Awards last week in central London.

The FOW International Awards are designed to recognize the pioneers of the global derivatives market across a range of categories and disciplines.

The Front Arena cross-asset risk solution was developed to help address the market’s growing need for a single system for pre- and post-trade risk, as well as portfolio margining.

""We are committed to helping customers manage collateral by providing efficient portfolio margining and a consolidated view of risk across trading platforms; this is top of mind for much of the sell side as they seek to increase competitiveness while keeping up with regulatory reform." – Philippe Ramkvist-Henry, solutions manager, SunGard’s Front Arena cross-asset risk solution

“The award for best new product recognizes the technology provider who has demonstrated a response to market needs with an innovative approach. The judges felt that SunGard’s Front Arena solution for Cross-Asset Risk shows that the company is focused on delivering solutions that are evolving with the industry’s needs.” – Will Mitting, Publisher, FOW