Basel-II News

SunGard's BancWare Awarded Top Asset & Liability Management Solution in 2007

(Jan 09, 2008)-- SunGard announced that its BancWare solution has been voted the number one asset & liability management (ALM) provider in Risk magazine's annual technology rankings. Illustrated by the introduction of this dedicated category to the 2007 Risk rankings, ALM is now widely recognized as an important component of risk management, reflecting the advancements in industry best practice.

SunGard's BancWare ALM offering has long been a market leader, providing multi-dimensional analysis of the balance sheet, incorporating interest rate risk, income simulation and market valuation modeling. SunGard also scored high rankings in several other categories including credit limit checking, Basel II, operational risk and regulatory capital calculations. The rankings, which were compiled following more than three hundred votes from financial institutions worldwide, are one of the industry's most prestigious awards widely recognized the world over and participants were asked to base their votes on functionality, usability, performance, return on investment and reliability.

Andreas Hug, Risk & Compliance solution leader, said, "We are delighted at the recognition these awards bring to BancWare and would like to thank our customers for their ongoing support and commitment. ALM has been at the heart of our business since our inception over 20 years ago. Coming top in this category is testimony to our customer satisfaction and ability to meet their diverse needs, as well as our continued dedication and expertise. BancWare, with over 500 customers in 49 countries worldwide, continues to be at the cutting edge of risk and performance management."

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