SunGard Rated a Top Vendor in Chartis RiskTech100® Rankings

WAYNE, Pa., Dec. 5, 2011 /PRNewswire/ -- SunGard has been named a top vendor in the sixth annual RiskTech100 rankings compiled by Chartis Research, a leading provider of research and analysis on global risk technology markets. According to Chartis Research's RiskTech100 report, key contributors to SunGard's success were product functionality, organizational strength and market presence, earning SunGard high scores for its Adaptiv, Ambit, APT, AvantGard, iWorks, and Valdi solutions. SunGard has placed in the top five every year since the inception of the RiskTech100 rankings six years ago, and has placed first overall a total of four times.

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. 

SunGard's 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 world's 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, "The 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 "tick box", 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 SunGard's continuous investment in product development and customer service."

Harold Finders, division chief executive officer for SunGard Financial Systems, said, "SunGard's 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 institutions' increased emphasis on regulation, risk oversight and enterprise risk management."

About Chartis Research

Chartis is the leading provider of research and analysis covering the global market for risk management technology. Our goal is to support enterprises seeking to optimize business performance through better risk management, corporate governance and compliance. We help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on the broad spectrum of risk technology offerings. Chartis Research is authorized in the United Kingdom by the Financial Services Authority (FSA) to provide investment advice. RiskTech100® is a Registered Trade Mark of Chartis Research Limited. For more information, visit www.chartis-research.com.

About SunGard Financial Systems

SunGard Financial Systems provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry. The primary purpose of these systems is to automate the many detailed processes associated with trading, managing investment portfolios and accounting for investment assets. These solutions address the processing requirements of a broad range of users within financial services, including asset managers, traders, custodians, compliance officers, treasurers, insurers, risk managers, hedge fund managers, plan administrators and clearing agents. In addition, we also provide professional services that focus on application implementation and integration of these solutions and on custom software development.

About SunGard

SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves over 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, visit www.sungard.com.

Trademark Information:  SunGard, the SunGard logo, Adaptiv, Ambit, APT, AvantGard, iWorks, and Valdi 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, please contact:

Adriana Senior
SunGard
Tel:  +1 718-578-1130
Email:  [email protected]
Twitter: http://twitter.com/adrianasenior

SOURCE SunGard