SunGard Earns Leading Industry Analyst Accolades for Liquidity and Credit Risk
SunGard has earned a place as a category leader in the Chartis RiskTech Quadrant® for Liquidity Risk Management Systems. The report assesses leading firms in the liquidity risk management space, based on a number of factors including functional coverage, stress testing, geographical reach and strategy.
In addition, the company was named a Major Player in the IDC MarketScape: Worldwide Credit Risk Analytics Solutions 2014 Vendor Assessment.*
The report, which evaluates the capabilities and business strategies of nine global vendors in the credit risk analytics space, commended SunGard for its comprehensive risk offering for the trading book and its success in customer retention.
“Regulatory pressure and scarcity of capital are driving financial institutions (FIs) to take a more holistic view of the risks within their balance sheets, which is demanding a new approach to liquidity risk management. This in turn is calling on vendors to deliver comprehensive offerings that benefit from strategic and continued investment in functional development. Recognition in the Chartis RiskTech Quadrant® for Liquidity Risk Management Systems signals a continued dedication to providing solutions that help firms address new liquidity challenges.” – Peyman Mestchian, managing partner, Chartis Research
“These latest rankings underscore our commitment to delivering comprehensive risk solutions that help firms successfully meet today’s balance sheet and trading book requirements. Liquidity and credit risk are two major concerns for banks across the world, compounded by the pressures of growing regulation and capital requirements. SunGard is continuously developing its risk solutions to help ensure banks can maintain compliance while not only safeguarding but maximizing profitability.” – Craig Costigan, president, risk and compliance, SunGard