Sungards bcp softwarecombining its own technology with that of comdiscoprovides effective tools to create corporate business continuity plans in an expert system that guides the planning process. The framework provides the tools to help clients address their regulatory compliance and internal audit requirements. Fis, a global leader in banking and payments technology, as well as consulting and outsourcing solutions, recently acquired sungard, one of the worlds leading financial software and technology services companies. Unlike combining multiple point tools, documents, and spreadsheets, ostendio provides a single solution that incorporates users and requirements across the entire enterprise. Risk management software helps organizations reduce exposure to enterprise and operational risks, improving quality and minimizing losses through better. Key features of sungard protegent aml software solutions and tools aml solution providing both banks and financial institutions with the necessary automation to achieve the greatest level of aml compliance, protegent aml solution software creates an environment where risk mitigation is a simple process. Mar, 2015 sungards apt was named best risk management software at the annual hedgeweek global awards at an awards ceremony that took place in londons mayfair on 27 february, 2015. Toyota takes risk management software from sungard, formerly known as infinity news. Sungard acquires ice risk management software profit and loss. Atb financial selects sungard for risk management and. Sungard s enterprisewide,straight through processing solutions meet the trading, risk management,and investor and portfolio accounting requirements of single andmultistrategy institutions.
The understanding and management of risk is now fundamental to financial institutions reputation and performance. Oct 31, 2011 about sungards ambit sungards ambit is a banking solution suite for retail, commercial and private banks. Assurance is already well positioned with over 650 global. Sungards apt solution models market risk, liquidity risk, and counterparty risk across both liquid and illiquid asset classes, supporting. New yorktoyota motor corporation has bought the market risk management software panorama, from the usbased trading and risk technology company sungard trading and risk systems, formerly known as infinity. Sungard adds position and margin monitoring to kiodex. Treasury and risk management corporate solutions fis. Fis formerly sungard data systems rimes technologies. Identify critical dependencies and visualize gaps to make the best business decisions. Sungards solutions for risk management help you work across multiple asset classes, trading and clearing platforms to better understand your exposure, improve the visibility and understanding of risk across the enterprise, and comply with regulations globally. Disaster recovery as a service providers, q2 2019 report.
With the automated risk assessment module from sungard, youll. Sungard acquires advanced portfolio technologies american. Sungards solutions for risk management help you work across multiple asset. Continuity management solution, a comprehensive software suite that. Unlike combining multiple point tools, documents, and spreadsheets, ostendio provides a single solution that incorporates users and. Sungard risk management sungard s solutions for risk management help you work across multiple asset classes, trading and clearing platforms to better understand your exposure, improve the visibility and understanding of risk across the enterprise, and comply with regulations globally. With fis risk management software and enterprise risk solutions, you can gain visibility of your risk across multiple asset classes and across the enterprise, all while ensuring compliance with global regulations. Avantgard treasury, risk and cash management solutions can help you meet these challenges by delivering enabling technology to help drive integration, automation, visibility and collaboration while also offering modeling and analysis tools to help manage debt, protect investments and drive growth. Fis risk management and reporting solutions can help you minimize liquidity risk for better management of the balance sheet and give you the right strategic direction to address banking regulations like interest rate risk in the banking book irrbb and ifrs 9. Sungard financial systems offers a wide range software and it services to the financial services industry, primarily designed to automate many of the detailed processes found within trading, managing investment portfolios and accounting for investment assets.
With our technology stack, you can build a consolidated risk program powered by reliable, realtime data from across the organization. It provides banking professionals with solutions that support front, middle and backoffice operations, as well as solutions for financial management, risk and performance. Sungard continuity management solution the risk assessment module is part of the sungard continuity management solution, a comprehensive software suite that helps your company manage the entire lifecycle of its business continuity program. The prophet results database module loads your prophet results into a microsoft sql server database. Sungard pentamation improves productivity by 80% using primavera project portfolio management software july 22, 2003 09. Review of sungards protegent compliance platform advisoryhq. Somewhere out there is an executive watching their institution struggle for solvency and thinking, but we knew about this risk trend, how could we not have done anything about it as a company until it was too late. Meanwhile, with xdm the company now has an opportunity to offer greater coverage for different parts of the value chain including forecasting, optimization and data management. Working at sungard trading and risk systems glassdoor. Sungard risk assessment module linkedin slideshare. Sungard launches new asset management software solution. Establish metrics around conformance, compliance and recovery readiness ensuring continual dr program risk awareness and enhanced recovery confidence. An operating unit of financial services software giant sungard data systems, sungard financial systems provides financial and energy trading, risk management, asset liability management, and financial planning and forecasting software for clients in 50 countries.
In 1997, sungard data systems acquired infinity financial technology, a designer of trading and riskmanagement software. Jan 24, 20 the iworks erm framework is a suite of products and services providing a comprehensive and flexible software solution for insurance company risk measurement, risk management and corporate governance. Subprime securitization provides an object lesson in how dangerous this is at the extreme. May 07, 2015 the sungard xdm then allows sungard energy to approach more price sensitive markets like turkey or parts of eastern europe, for example. It is designed to help clients actively participate in. With fees under pressure and complexity escalating, investors are demanding ever higher standards of service and reporting. Originating subprime volume without regard for risk, and then hoping to manage this risk as an. Prophet enterprise is the next generation risk management platform for insurers, combining advanced actuarial modelling with a powerful production platform. For the energy markets, sungard offers the panorama product suite, a solution that facilitates enterprisewide trading and risk management from front to back office and across the energy supply chain. In looking at the methods used by financial professionals to manage risk, it is apparent that technology used for monitoring may be an area for improvement.
Birmingham, al september 18, 2000 sungard asset management systems has launched addvantage, the industrys first fully internetenabled asset management and trust accounting system for the backoffice. Sungard as is a leading provider and pioneer of business continuity management services and consulting with 40 years proven record. Verified list of companies using sungard apt risk management. Sungard s ambit card management solution suite includes universal card, atm management and 3d secure systems, designed to help both cardacquiring and cardissuing banks run efficient, flexible, secure operations. Sungard pentamation improves productivity by 80% using. Kiodex control will help organizations monitor position limits and margin in realtime, providing alerts when one or more userestablished thresholds. All functions can be accessed realtime through a browser with accounting information instantly updated seven days a week, 24 hours a day. Treasury and risk management corporate solutions modernize your treasury and risk management whether a corporation has a small, domestic treasury team or a complex, multinational treasury department, fis offers awardwinning treasury management solutions that support a bestinclass, digital, modernized treasury function. Treasury and risk management applications covers standalone andor integrated products that automate business processes to support corporate treasury operations including the treasuries of financial services enterprises with the corresponding financial institution functionality and optimize related cash management, deal. Using sungards adaptiv 360, atb will benefit from one automated environment for risk management and straightthrough processing. The sungard xdm then allows sungard energy to approach more price sensitive markets like turkey or parts of eastern europe, for example. Sungard treasury management application solution provider.
Sungard asset management software can help institutions of all sizes strengthen their operations. Solutions include strategyspecificapplications for convertible and capital structure arbitrage, global repo,stock finance and listed options trading. According to sungard trading and risk systems, toyota will be using panorama to manage the risk generated by foreign exchange deals. Sungard has launched the latest version of its adaptiv suite, which includes functional enhancements to areas such as collateral management, market risk and operational efficiency and control. Resurgens technology partners has acquired the assurance business continuity management planning bcmp software business from sungard availability services sungard as in a transaction that positions assurance for further growth and expansion of its market leadership position. Key features of sungard protegent aml software solutions and tools aml solution providing both banks and financial institutions with the necessary automation to achieve the greatest level of aml compliance, protegent aml solution software creates an environment where risk. Sungard availability services a leader in disaster recovery as a service, q2 2019 white paper. Sungards apt solution models market risk, liquidity risk, and counterparty risk across both liquid and illiquid asset classes, supporting regulatory reporting, portfolio optimisation and performance analysis. Quantum six offers corporate treasurers an ergonomic design for enhanced usability and mobility as well as a fully enabled web platform to help reduce total cost of ownership. Flexibility, efficiency, streamlined solutions and the capacity to integrate with any ratings tool are key features of the newly released software. He notes that managers are trying to tell a much better story about how they manage risk to improve their reputation and their asset raising capabilities, as well as helping with the overall performance of their funds.
Jul 22, 2003 sungard pentamation improves productivity by 80% using primavera project portfolio management software july 22, 2003 09. Using an agile, modular and adaptable risk management approach we can effectively manage an organizations disaster recovery risk across an everchanging threat landscape. Because these functions are missioncritical, adaptiv clients seek service level agreements slas with sungard that establish strict standards on software availability, response times, and other technical performance characteristics. About sungards ambit sungards ambit is a banking solution suite for retail, commercial and private banks. Amir khwaja, founder and chief executive of kronos, has been appointed vicepresident of sungards credientinfinity business unit, and will be leading the effort to integrate.
Sungard upgrades risk solutions for financial services. Ostendio myvcm is an integrated risk management platform that makes it easier to build, operate and showcase your security program. Manage plans seamlessly to bring business continuity information to the forefront. Sungard has added a realtime position and margin monitoring component, kiodex control, to its kiodex real time commodities risk management solution, delivered on a softwareasaservice basis. Avantgard receivables debt collection software 2020. The acquisition uniquely positions fis to offer a broad range of enterprise banking and capital markets capabilities that will further empower the financial industry worldwide. Adaptiv is a robust, scalable and futureproofed risk infrastructure a proven suite of risk management software and enterprise risk solutions that combine to meet your internal and external risk challenges today and in the. Atlanta, ga and wayne, pamay 16, 2018 resurgens technology partners has acquired the assurance business continuity management planning bcmp software business from sungard availability services sungard as in a transaction that positions assurance for further growth and expansion of its market leadership position. Sungards apt was named best risk management software at the annual hedgeweek global awards at an awards ceremony that took place in londons mayfair on 27 february, 2015.
Sungard best risk management software provider hedgeweek. The sungard adaptiv suite helps banks and financial institutions manage risk across the enterprise. Jul 19, 2007 flexibility, efficiency, streamlined solutions and the capacity to integrate with any ratings tool are key features of the newly released software. The iworks erm framework is a suite of products and services providing a comprehensive and flexible software solution for insurance company risk measurement, risk management and corporate governance.
Toyota takes risk management software from sungard. Toyota takes risk management software from sungard, formerly. A software system designed by sungard financial systems. Aug 23, 2011 sungard has added a realtime position and margin monitoring component, kiodex control, to its kiodex real time commodities risk management solution, delivered on a software asaservice basis. Risk management software is a set of tools that help companies prevent or manage critical risks that all businesses face, including finance, legal, and regulatory compliance and strategic and operational risks. List of sungard apt risk management system customers. Business continuity solutions increase business resiliency. Jun 28, 2010 sungard s iworks prophet professional is an integrated suite of actuarial systems used primarily by insurance companies to perform actuarial calculations including profittesting, projections, reserving, assetliability modelling, stochastic modelling and risk management.
Top 10 trm software vendors, market size and market. Sungards mywealthseries enables clients to input financial information, goals and planning choices to collaborate with their advisors. Sungard saves testing time and boosts performance of. Bancware oprisk, powered by sword from dublinbased ci3, provides financial institutions worldwide with a single software solution for operational risk management, corporate governance, regulatory. A comprehensive report on a specific software product, aggregating feedback. Mar 06, 2007 using sungards adaptiv 360, atb will benefit from one automated environment for risk management and straightthrough processing. The software solution will help maximize atbs operational efficiency throughout the companys derivatives business and help reduce the operational risks that can occur when using fragmented systems and non. Sungards apt solution models market risk, liquidity risk, and counterparty. Hancock bank selects sungards ambit credit risk management.
Adaptiv provides your firm with enterprisewide risk management and operations. May 14, 2007 bancware oprisk, powered by sword from dublinbased ci3, provides financial institutions worldwide with a single software solution for operational risk management, corporate governance, regulatory. Risk magazine, risknews sister publication, awarded kronos its software product of the year award in its 2000 risk awards, for its pioneering component architecture. Top 10 trm software vendors, market size and market forecast. Sungards enterprisewide,straight through processing solutions meet the trading, risk management,and investor and portfolio accounting requirements of single andmultistrategy institutions.
Sungard has acquired the ice risk commodity trading software from intercontinental exchange in a deal that highlightsthe increasing focus on risk. In 2018, the top 10 trm software vendors accounted for nearly 60. According to dr laurence wormald pictured, coo and head of research apt, sungard s asset management business, the focus for hedge fund managers today is on making risk more strategic. With sungards ambit bancware alm you can evaluate the impact of runoff and new business, either in combination or separately model the effect of product and business. Find out how to assess your financial insitutions risk across multiple asset classes and the enterprise with fis risk management software and enterprise risk. Sungards apt named best risk management software at the.