SunGard Named a Top Vendor in the 2012 Chartis RiskTech100® Rankings
SunGard has placed as a top vendor in the seventh annual RiskTech100® rankings compiled by Chartis Research, a leading provider of research and analysis on global risk technology markets. Chartis Research’s RiskTech100® report recognizes technology vendors in areas such as functionality, market presence, organizational strength, and innovation. SunGard has ranked in the top five each year since the annual RiskTech100® report was created seven years ago, and has placed first overall a total of four times. The survey is available online at http://www.risktech-forum.com.
Taking third place overall, SunGard was ranked as the leader in the categories of market presence, trading and capital markets vertical sector, and liquidity risk and ALM horizontal solutions.
SunGard’s risk solutions cover pre- and post-trade risk management; integrated, enterprise-wide market, liquidity, credit and operational risk management; asset liability management; and trade surveillance. These solutions can be used across trading and clearing platforms and around multiple asset classes to help organizations better understand their exposure, improve the visibility and understanding of risk across the enterprise, and comply with regulations globally. SunGard’s customers include banks, broker-dealers, securities firms, clearinghouses, hedge funds, pension funds, asset managers, insurance companies, corporations and government entities of varying sizes, geographical locations and organizational complexities.
Peyman Mestchian, managing partner at Chartis Research, said, “Regulatory, cost, and organizational pressures are challenging many financial institutions to transform their risk management function. Accordingly, the market for risk technology is continuing to expand as businesses across the globe acknowledge its necessity and value. In responding to its customers’ ongoing and new risk challenges, SunGard continues to appear among our top-ranked risk technology providers based on its industry presence, product functionality, and customer satisfaction.”
Harold Finders, chief executive officer for SunGard Financial Systems, said, “The acknowledgement of SunGard as a top-five risk technology provider for all seven years of the RiskTech100® rankings demonstrates our commitment to listening to our customers and responding with the solutions they need to manage risk effectively. With growing emphasis on areas such as collateral management, credit valuation adjustment, risk modeling and stress testing, our risk management solutions can help our customers manage risk across their enterprise and turn regulatory compliance into competitive advantage.”