Advanced VaR and credit limit management capabilities are critical to increasing transparency into an institutionâs risk profile. Front Arena 2010.1 offers comprehensive and transparent market risk management functionality, helping to provide consistency for all users, from traders through to the chief risk officer. The solutionâs credit limits capabilities can also help customers make better credit risk decisions and reduce counterparty risk. Finally, the new features in Front Arena give customers improved oversight and control to help reduce the likelihood of unexpected losses and help firms optimize their risk capital and create more business opportunities.
Tim Dodd, head of product management for SunGardâs Front Arena business unit, said: âSunGardâs Front Arena is being continuously developed in response to our customersâ need to keep ahead of evolving market conditions. This latest release helps customers increase their transparency and improve the control of their positions and associated risks, helping ensure that trades are executed, processed and managed in the most efficient and competitive way.â
Front Arena 2010.1 offers improved control from execution to settlement, including enhanced trade execution and price distribution to help firms improve in-house liquidity and client offerings. It also provides active position management offering more scenarios for portfolio swaps and commodities, and enterprise trading control with enhanced VaR reporting and credit limit management. Finally, Front Arenaâs automation and processing capabilities can help enhance productivity, workflow and high-volume processing.