NEW YORK, March 10, 2005 -- SunGard (NYSE:SDS) announced that it has been named "Best Vendor" by Energy Risk, an Incisive Media publication, in the magazineâs second annual Usersâ Choice Award, and that SunGardâs Kiodex RiskWorkbench also received an award for best energy trading and risk software package.
SunGard Energy Systems was selected as best vendor due to its responsiveness, breadth of knowledge and successful delivery of complete solutions. SunGard Energy Systems provides enterprise-wide solutions for energy trading, risk management, and physical operations such as transportation, storage and generation in both regulated and unregulated markets. Serving more than 200 energy companies across North America and Europe, SunGardâs customers include utilities, pipelines, power generation companies, energy producers, traders, transportation companies, hedge funds, financial institutions, distributors and public agencies. SunGard was also selected as a top vendor in Energy Riskâs inaugural 2004 Usersâ Choice Award.
Winner of the best software category, SunGardâs Kiodex RiskWorkbench provides Web-based commodities risk management, independent market data and valuation. It was selected as the best software package for energy trading and risk management due to its comprehensive trade capture and modeling tools designed specifically to handle the nuances of commodities, and its fast and easy deployment and resilience as an ASP-based solution. With more than 70 customers worldwide, Kiodex was also named a "Rising Star" by the consultancy Deloitte and Touche in 2004.
Jim Ashton, group chief executive officer of SunGardâs trading, treasury and risk management business, said, "Customer service is our primary focus at SunGard and we firmly believe that the measure of our success lies in customer satisfaction levels. Therefore, it is most rewarding for us that customersâ voting has resulted in our winning Best Vendor and Best Software honors in such a prestigious industry award. We thank our customers for their recognition and assure them that we remain committed to their requirements. Our ongoing work with our customers to develop and enhance our product roadmap, provide excellent customer support and fast implementation and delivery will help to further strengthen these valued relationships."