The report highlighted SunGard’s comprehensive set of solutions to address the internal and industry-wide risk management challenges financial institutions face, such as breaking down the silos between risk management functions and meeting regulatory requirements. Chartis noted that this breadth of service, coupled with the company’s size and global presence, has established SunGard as “a dominant player in the risk technology space†and “best placed to win†the race for a fully integrated risk and finance system. Specific acknowledgement went to the Adaptiv solution for best in class functionality in market risk and credit risk, including deep functionality for real-time front office risk management, as well as to BancWare for advanced features and functionality for regulatory and economic capital measurement, risk-based performance management, and best in class asset-liability management systems.
Helen Townsley, Research Director at Chartis, explained, “SunGard is one of a small number of vendors with the ability to provide front, middle and back-office risk management systems. The range of offerings is considered to be the strongest in the risk technology market.†This positions SunGard well to lead the market evolution towards transacting risk for value creation and the increased use of risk measures in decision support.
David Rowe, EVP Risk Management at SunGard, said, “It is an honour to be recognised by Chartis as the global leader in risk management solutions. We are proud of our ability to help our customers optimize their risk considerations and will continue to anticipate and provide the tools they need.â€
