Sanpaolo Selects SunGard’s Reech To Help Comply With UCITS III

Luxembourg - 4 April, 2006 – Sanpaolo AM Lux announced that it has selected SunGard’s Reech RiskHedge, a Web-based risk management and analytics system, for its regulatory compliance and risk reporting. SunGard's Reech is a leader in the field of risk management, pricing and independent portfolio valuation services.

Delivered via the Web, it provides users with a scalable, cost-effective and resilient means of risk management. Reech RiskHedge helps address industry requirements for greater transparency, and manager and investor requirements for a more efficient way to access, monitor and manage portfolio risk. It provides customers with reliable access to their portfolios and a dynamic and interactive risk management engine.

Pierre Bouchoms, director at Sanpaolo AM Lux, commented: "We were looking for an independent source to help us be UCITS III compliant and we naturally turned to SunGard, one of our long-term providers, to provide us with the required solution. We chose SunGard's Reech because of its ability to support a broad range of asset classes and financial instruments, and its internet availability helps address integration and external data management concerns."

Xavier Deschamps of SunGard’s Reech business unit, said: "Reech RiskHedge helps the user to conduct detailed and comprehensive risk analysis across different strategies, as well as to calculate and report several different types of risk measures. We provide Sanpaolo AM Lux with the flexibility to report risk across varying types of portfolios and help them to be UCITS III compliant."

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development