Adaptiv is an enterprise-wide credit and market risk management and operations solution for financial services institutions.
Risk established its annual awards seven years ago to recognise best practice and innovation in the derivatives and risk management industries globally. The winning institutions are those that have best responded to the needs of their customers. An expert panel selects nominations from in-depth submissions that then undergo a series of short interviews. Risk performs a lengthy due diligence process, including solution innovation investigation, customer referencing and an in-depth look into the quality of customer service provided by a nominee
In recognising Adaptiv, Risk highlighted the credit risk management component of the solution. Adaptiv Credit Risk combines credit exposure calculations with a real-time, global limits checking framework. Adaptiv Credit Risk promotes best practice counterparty credit risk management through the use of exposure calculations techniques and global limits. These help customers achieve a more accurate and reliable picture of risk, reduce unexplained limit breaches and remove artificial restrictions on dealing appetite.
Sally Clarke, global head of marketing for SunGardâs Adaptiv business unit, said, "This achievement is the second award received by Adaptiv within a year, a testament to the fact that Adaptiv provides a solid solution to help meet industry needs. SunGard continues to work in partnership with customers to help ensure that best practices are deployed through technology solutions. We are very pleased that SunGardâs Adaptiv has received recognition for delivering such an innovative solution."