SunGard
SunGard unveils new trading and risk management suite
SunGard Trading and Risk Systems (STRS) will next week unveil the first version of its Adaptiv trading and risk management suite.
Sponsor's article > Accounting for revenue uncertainty
The past 20 years have seen an increasing focus on mark-to-market accounting when determining corporate profits. This has been accompanied by a dramatic growth in contracts where multiple complex contingencies interact to affect valuation. David Rowe…
FNX debuts module for structured bonds
FNX is taking its first step towards providing a centralised risk backbone for trading desks, with the release of a module that governs structured bonds and emerging market debt. The module will be offered as an add-on for FNX’s flagship Sierra system.
Sponsor's event > Breakfast Briefing on Implementing the IRB Approach
Join SunGard and PRMIA for a breakfast briefing on successfully implementing the IRB approach in Madrid on 10 February 2004.
SunGard buys WhiteLight Basel II system
SunGard Trading and Risk Systems, a division of US software company SunGard, has bought California-based WhiteLight's system for Basel II compliance from SymphonyRPM. It will rebrand the product the SunGard Basel II Capital Manager.
WestLB goes live with SunGard's Credient
German bank WestLB has gone live with Credient, SunGard Trading & Risk Systems' credit risk software package.
WestLB goes live with SunGard's Credient
German bank WestLB has gone live with Credient, SunGard Trading & Risk Systems’ credit risk software package.
Sponsor's article > Banks look for savings with ORM
Operational risk management (ORM) is now under the spotlight with banks realising that there are savings to be made, according to a recent survey by SunGard Trading and Risk Systems. SunGard also found that Basel II is a significant driver for ORM…
Sponsor's article > SunGard Enhances Basel II Offering with Acquisition of WhiteLight
SunGard Trading and Risk Systems, an operating group of SunGard (NYSE: SDS), and SymphonyRPM today announced that SunGard has acquired the WhiteLight Basel II solution and as a result, WhiteLight's SymphonyRPM development team.
Sponsor's article > Credit risk catches up
When Basel II was first proposed in 1999, credit risk models lagged way behind market risk models. But that's changed, which means we need less prescriptive rules for determining credit risk capital.
SunGard MDS buys Fame
SunGard Market Data Services (MDS) has signed an agreement to acquire historical data and data management software vendor Fame Information Services.
HVB extends relationship with Front
Germany's HypoVereinsbank (HVB) has formed a new partnership with Front Capital Systems, the Swedish trading systems operating unit of SunGard. It will result in close collaboration between the two companies in IT development.
Sponsor's article > When is best practice good enough?
A dramatic change in banking regulation has been the move from prescriptive procedures towards 'best practice' risk management. Disagreements about how quickly the new approach can be applied to credit risk is central to arguments about revising Basel II.
Technology news
Oil
Rabobank to implement SunGard credit risk software
Rabobank will implement Credient MC2, a credit risk measurement package owned by SunGard Trading and Risk Systems, as a cheaper alternative than investing in a new credit system infrastructure.
Sponsor's Article > SunGard's Basel II 'webinar' may help you solve the data issues
You are invited to join SunGard and Financial Insights on the 18th November 2003 for a webinar on how to organise and manage your balance sheet data in preparation for Basel II.
China - Meeting the competition
China's financial institutions have realised the need to apply best practice in managing risk, and have been implementing cutting-edge risk management systems. But there are challenges in obtaining reliable data, writes Clive Davidson.
Sponsor's article > Updated SunGard Basel II CD now available
SunGard Trading and Risk Systems has updated its Basel II CD to reflect events up to and including October.
Sumitomo Corporation installs FNX’s Sierra
Japan’s Sumitomo Corporation has installed FNX’s Sierra System to support its strategy of complete straight-through processing (STP) for its commodities, exchange-traded products and swap-trading operations.
SunGard to offer integrated energy risk system
SunGard Energy Systems, an operating group of Pennsylvania-based SunGard, plans to offer a single integrated suite of energy risk and trading systems called Entegrate.
Sponsor's article > Statistical process control
Too often, finance professionals manifest a smug sense of superiority towards their peers in manufacturing. In this third column in a series, David Rowe argues that when it comes to operational risk management, the manufacturing sector has much to teach…
Luminary Capital Management goes live with FNX risk system
New York-based Luminary Capital Management, a global macro hedge fund, has gone live with technology provider FNX’s Sierra trade management system.
Sponsor's article > Implementation pulls in the punters
The UK's Financial Services Authority (FSA) was planning an intimate get-together at London's Café Royal to discuss Basel implementation. But massive interest meant a change of venue to accommodate the 500 people who eventually came.