has gone live with Adaptiv Credit Risk, a comprehensive, global credit risk
management and control solution, in an implementation that spans North
America, Europe, and Asia giving access to over 1,300 users globally.
BMO Financial Group is using Adaptiv Credit Risk to replace its existing RXM
and in-house limit excess workflow systems. Using Adaptiv Credit Risk, BMO
Financial Group has achieved a global risk management environment providing
global access to users via a Web-based interface. The system manages monthly
deal volumes of over 80,000 trades via on-line interfaces and intra-and
end-of-day batch updates.
Adaptiv Credit Risk provides a real-time, credit risk solution for global
exposure aggregation and limit management, credit risk analytics, collateral
management and Web-based communications.
Juerg Hunziker, president of SunGard's Adaptiv business unit, said, "We have
a long relationship with BMO Financial Group and are pleased to be able to
assist by providing a solution that fits its global credit risk requirements
across its businesses. BMO Financial Group's deployment of Adaptiv Credit
Risk provides an integrated, flexible and scalable solution for credit risk