SunGardâs Adaptiv 360 provides Piper Jaffray with support for intra-day trade capture, portfolio management and risk management across a wide range of asset classes. It helps to monitor the companyâs market risk, providing cost-effective support throughout the risk management process. The solution also helps Piper Jaffray support its decision making throughout trading activities by providing risk/reward profiles on diverse and complex trading activities.
Piper Jaffrayâs trading activity is a combination of customer-driven and proprietary business, leading to complex trading activities involving new market instruments. Adaptiv 360 supports a broad mix of instrument types across fixed income and equity markets, delivering technology to help Piper Jaffray respond to industry growth.
âOur firmâs biggest risk management challenge has been to keep pace with complex trading activity on an intraday basis,â said Ed Peris, head of market risk at Piper Jaffray. âIt is critically important for us to be able to monitor the markets as they move throughout the day and react accordingly with the most accurate information possible.â
Juerg Hunziker, president of SunGardâs Adaptiv business unit, said, âAs the financial trading landscape changes it is imperative for businesses to support their trading activities with a solid infrastructure that can react and adapt to change. To keep competitive and to allow maximum productivity, transparency on positions throughout the day is critical. SunGardâs Adaptiv 360 solution provides reporting tools for such transparency, and infrastructure to manage risk throughout the enterprise.â