Using SunGardâs Adaptiv 360, ATB will benefit from one automated environment for risk management and straight-through processing. SunGardâs Adaptiv 360 will help maximize ATBâs operational efficiency throughout the companyâs derivatives business and help reduce the operational risks that can occur when using fragmented systems and non-automated processing.
As well as streamlining its transaction processing systems, ATB was also keen to implement a solution that could produce risk reports in a timely manner, helping ensure accurate calculations of its market and credit risk exposure. SunGardâs Adaptiv 360 uses advanced real-time market and credit risk analytics to help ensure any product or asset class is reported on with minimum effort and delay.
Scott Earl, director, treasury operations settlements and control, ATB, said, âSunGardâs Adaptiv team proved that they understood our need for a fully automated seamless front-to-back office solution and for risk reports. As an existing SunGard customer, we were pleased to be able to work with a vendor with whom we already have a successful relationship.â
Juerg Hunziker, president of SunGardâs Adaptiv business unit, commented, âATB was looking to streamline its business processes and implement an efficient risk reporting solution to consistently monitor its market and credit exposure. SunGardâs Adaptiv 360 will help ATB consolidate its technology environment, whist helping to implement more flexible and less complex processes throughout the companyâs risk portfolio. We are delighted to be able to provide ATB with solutions that meet the companyâs needs in the risk space. â