LONDON, March 5, 2012 /PRNewswire/ -- The readers of Structured Products have ranked SunGard in first place for equities pricing and analytics, equities trading systems and limits in the Structured Products Technology Rankings 2012. This is the second consecutive year in which SunGard has been named a top three solution provider in the survey.
The awards recognize SunGard's Front Arena, a global capital markets solution that delivers electronic trading and position & risk management across multiple asset classes and business lines, and SunGard's FastVal, a solution for independent valuation and pricing of derivatives.
Richard Jory, editor of Structured Products magazine, said, "SunGard was placed in the top five across half the pricing system categories, and in all of the trading system and risk management categories. Its most impressive achievement this year has been to earn the top spot in equities pricing and trading systems."
Brian Traquair, president of SunGard's capital markets business, said, "While structured products remain popular with investors, regulators around the world are demanding increased disclosure and understanding of these instruments. Consequently, effective risk management and the ability to model and price complex financial instruments are key challenges for our customers. SunGard is helping firms address these challenges by providing technology solutions for position management, trade transparency and independent valuation. These solutions help provide transparent and innovative investment products in a cost-effective manner."
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 17,000 employees and serves approximately 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 $4.5 billion, SunGard is the largest privately held software and services company and was ranked 434 on the Fortune 500 in 2011. Look for us wherever the mission is critical. For more information, please visit www.sungard.com.
Trademark Information: SunGard, the SunGard logo, Front Arena and FastVal 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 Financial Systems
Tel: +1 718 578 1130
Email: [email protected]
SOURCE SunGard
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