SunGard's BancWare Awarded Top Asset & Liability Management Solution in 2007 Risk...
SunGard's BancWare Awarded Top Asset & Liability Management Solution in 2007
Risk Technology Rankings
BancWare Risk & Compliance Solutions Recognized as Leader in Multiple
Categories Including Basel II, Operational Risk and Regulatory Capital
Calculations
LONDON, Jan. 8 /PRNewswire/ -- SunGard today announced that its BancWare
solution has been voted the number one asset & liability management (ALM)
provider in Risk magazine's annual technology rankings.
(http://www.sungard.com/bancware)
Illustrated by the introduction of this dedicated category to the 2007
Risk rankings, ALM is now widely recognized as an important component of risk
management, reflecting the advancements in industry best practice. SunGard's
BancWare ALM offering has long been a market leader, providing multi-
dimensional analysis of the balance sheet, incorporating interest rate risk,
income simulation and market valuation modeling.
SunGard also scored high rankings in several other categories including
credit limit checking, Basel II, operational risk and regulatory capital
calculations. The rankings, which were compiled following more than three
hundred votes from financial institutions worldwide, are one of the industry's
most prestigious awards widely recognized the world over and participants were
asked to base their votes on functionality, usability, performance, return on
investment and reliability.
Andreas Hug, Risk & Compliance solution leader, said, "We are delighted at
the recognition these awards bring to BancWare and would like to thank our
customers for their ongoing support and commitment. ALM has been at the heart
of our business since our inception over 20 years ago. Coming top in this
category is testimony to our customer satisfaction and ability to meet their
diverse needs, as well as our continued dedication and expertise. BancWare,
with over 500 customers in 49 countries worldwide, continues to be at the
cutting edge of risk and performance management."
About BancWare
A solution suite for integrated risk and performance management, BancWare
is used by banks, mortgage and credit lenders, and other financial services
institutions. Designed for finance professionals, BancWare's modular software
and consulting solutions for asset/liability management, budgeting and
planning, profitability, economic capital, operational risk and Basel II
compliance provide a unified view of risk to help improve capital management,
and assist in better decision making at all levels of the organization.
About SunGard
With annual revenue exceeding $4 billion, SunGard is a global leader in
software and processing solutions for financial services, higher education and
the public sector. SunGard also helps information-dependent enterprises of
all types to ensure the continuity of their business. SunGard serves more
than 25,000 customers in more than 50 countries, including the world's 50
largest financial services companies. Visit SunGard at www.sungard.com.
Trademark Information: SunGard, the SunGard logo and BancWare are
trademarks or registered trademarks of SunGard Data Systems Inc. or its
subsidiaries in the U.S. and other countries. All other trade names are
trademarks or registered trademarks of their respective holders.
For more information, contact:
Toby West,
SunGard Communications Manager, Financial Systems
Email: toby.west@sungard.com
Tel: + 44 208 081 2426
SOURCE SunGard
Toby West, SunGard Communications Manager, Financial Systems,
+44-208-081-2426, toby.west@sungard.com
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