SINGAPORE, Jan. 28, 2013 /PRNewswire/ -- 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."
About Chartis Research
Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
RiskTech100 is a registered trademark of Chartis Research Ltd. The full report and other selected research can be obtained from www.risktech-forum.com.
Chartis Research is authorized and regulated by the Financial Services Authority (FSA) for providing investment advice - (www.chartis-research.com).
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 US$4.5 billion, SunGard is the largest privately held software and services company and is ranked 480 on the Fortune 500. For more information, please visit www.sungard.com.
Trademark Information: SunGard and the SunGard logo 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.
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