SunGard was also named the top vendor for Organizational Strength, as well as in the vertical sector categories for Trading & Capital Markets and Insurance, and the horizontal solution category for Liquidity Risk & ALM.
SunGardâs solutions cover pre- and post-trade risk management; integrated, enterprise-wide market, liquidity, credit and operational risk management; and asset liability management and trade surveillance. They can be used across diverse trading and clearing platforms and around multiple asset classes to help organizations better understand their exposure, improve the visibility of risk across the enterprise, and comply with regulations such as Solvency II in Europe and Dodd-Frank in the US. Customers include banks, securities houses, broker/dealers, clearers, asset managers, hedge funds, insurance companies, pension funds, corporations and government entities of every size, geographical reach and operational complexity.
The RiskTech100 rankings provide a comprehensive assessment of the worldâs top 100 providers of risk technology solutions and are recognized as one of the most comprehensive studies of the top technology providers active in risk management. They are developed using a comprehensive review of risk management systems and a detailed assessment methodology. Results for this year were compiled from 812 questionnaires completed by risk technology buyers and end-users. More than 190 interviews were conducted with technology buyers, independent consultants and systems integrators specializing in risk technology to validate survey findings.
Peyman Mestchian, managing partner at Chartis Research, said, âThe risk technology market has grown in both importance and value as the profile of risk management continues to rise across all industries, sectors and regions. While regulation continues to play a major role in driving demand for risk technology, we have observed a trend towards value-based compliance, and moving away from the traditional âtick boxâ, compliance-only mentality. SunGard is responding to new market demands for robust, more cost-effective integrated solutions, through continuous product innovation and integration among not only risk disciplines, but also the convergence of risk and finance. We continue to be impressed by SunGardâs continuous investment in product development and customer service.â
Harold Finders, division chief executive officer for SunGard Financial Systems, said, âSunGardâs consistent placement in the top five for all six years of the RiskTech100 rankings demonstrates its position of strength as a provider of risk management solutions. Our risk management solutions address liquidity, credit, market and operational risk in a collaborative environment to support financial institutionsâ increased emphasis on regulation, risk oversight and enterprise risk management.â