ATB Financial Achieves Integrated, Web-based Commodities Trading and Risk Management with SunGard’s Kiodex

New York - 30 October 2006

SunGard today announced that ATB Financial is using SunGard’s Kiodex Risk Workbench for commodity pricing, position keeping and risk management of its commercial markets derivatives business. ATB, a regional financial institution based in Edmonton, Alberta, selected Kiodex to help support its newly established energy derivatives operation, which it launched as an additional service to offer its energy corporate customers. Kiodex Risk Workbench is a Web-based commodities risk management solution that integrates deal capture, proprietary valuation models, risk reports, and independent market data that includes representative prices, volatilities and volatility skews across the spectrum of commodity markets.

As a Web-based solution that is pre-configured to handle specific nuances related to commodities trading, Kiodex can be rapidly implemented, helping financial institutions like ATB to quickly enter into derivatives trading and to provide new products and services to its clients that have financial exposure to commodity prices.

Rimas Siulys, director of middle office risk management at ATB Financial, said, “ATB's Energy Group has one of the largest units specializing in energy and commercial lending in Canada. When we made the decision to extend our services to include derivatives trading, we selected SunGard’s Kiodex as our trading and risk platform because of its Web-based delivery, ease-of-use, and the complete package of energy forward, volatility and correlation curves, which we have found to be a huge time-saver. We have also been very impressed with the responsiveness and friendliness of SunGard’s customer support team for Kiodex.”

Thomas Farley, president of SunGard’s Kiodex business unit, said, “Bundling derivatives with corporate banking lending helps organizations like ATB to increase revenues while decreasing the risks associated with lending in the corporate sector. Kiodex helps banks to quickly enter into derivatives trading and realize the benefits of this strategy, by providing rapid time-to-market and full support for the trading and risk management of corporate derivatives.”

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