Sungard financial systems provides missioncritical software and it services to institutions in virtually every segment of. Sungard announces second quarter 2012 results business wire. Sungard innovates in managed cloud services with cisco. Its awardwinning software improves reliability, adaptability, and scalability across several verticals, including capital markets, investment management, central banking, clearing, treasury, liquidity, and collateral. Sungard upgrades risk solutions for financial services. The process of making calls for collateral or margin calls is a welldefined and operationally sophisticated. The name of the company originally was an acronym which stood for sun guaranteed access to recovered data, a reference to. Sungard loanet sungard s loanet solution helps broker dealers, custodian banks, agent lenders and other market participants manage their entire securities finance business, from trade initiation through to final return. The system features inbuilt trading and management for. Our business continuity management consultants use proven methodologies to assess the current state of your bc program to identify and remedy existing gaps or vulnerabilities. Business wiresungard, one of the worlds leading software and technology services companies, today reported results for the second quarter ended june 30, 2012.
Cloudmargin, web based collateral management system. Apex collateral is sungards innovative solution for collateral management, optimization and trading on a single platform. Apex collateral is sungard s innovative solution for collateral management, optimization and trading on a single platform. Collateral management systems software and solutions. Cloudmargin is an easytouse collateral management platform for firms of all sizes. 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. Jun 24, 2009 sungard also provides disaster recovery services, managed it services, information availability consulting services and business continuity management software. The software and technology service companys revamped apex offering attempts to help customers maximize the use of their collateral while bringing a new efficiency through the centralization of all assets, say sungard officials. To address this, the industry is moving towards a trend of centralized collateral management functions.
The company provides disaster recovery services, managed it services, information availability consulting services, and business. With the online portals they provide, we have a full view into whats going on whether its the replication of our servers, the dr as a service, the production service. Sungard unveils apex enterprise collateral management system. The software and technology service companys revamped apex offering attempts. Sungard introduces highavailability private cloud service. With five million square feet of datacenter and operations space, sungard availability services differentiates its cloud services by offering servicelevel agreements slas for application and infrastructure availability. The new software is based on sungards work for the cme depository trust company, the chicago mercantile exchange subsidiary charged with developing a collateral. Software applications focused on the mitigation of credit. Collateral management next generation architecture.
Finace offers a combination of solutions and specialist knowledge for securities finance and collateral management operations. The companies using sungard loanet are most often found in united states and in the financial services industry. Sungard launches new asset management software solution. The collateral management software solution offers. We have found 150 companies that use sungard loanet. Sungard identifies 5 key trends in collateral optimization. Margin and collateral optimisation will be come necessary tools when central clear ing kicks in, says ted allen of sungard page10. Sungard releases new collateral management module for devon. Finace provides solutions and specialist knowledge for securities finance and. Our data for sungard loanet usage goes back as far as 4 years and 8 months. With our enterprise collateral management system, fis helps investment banks and other firms across the buy and sell side comply with regulations, achieve. The collateral management function performs a range of important and unique roles within a capital markets firm. Sungard identifies 5 key trends in collateral optimization june 24, 20 recognizing the importance for financial firms to achieve effective collateral optimization, sungard has identified five key trends that.
Fis provides software and processing solutions for financial services, education and the public sector. Fis serves approximately 16,000 customers in more than 70 countries and has more than,000 employees. With our enterprise collateral management system, fis helps investment banks and other firms across the buy and sell side comply with regulations, achieve collateral optimization, and handle the volume and complexity of their collateral management activities. Sungard innovates in managed cloud services with cisco cloudverse. Collateral management is the method of granting, verifying, and giving advice on collateral transactions in order to reduce credit risk in unsecured financial transactions. David lewis, senior vice president at sungards astec analytics, reveals why beneficial owners will always need to be educated, and what technologists need to do to help.
With fees under pressure and complexity escalating, investors are demanding ever higher standards of service and reporting. Sidebyside comparison of smartstream tlm collateral management and sungard apex. Sungard as disaster recovery as a service draas solutions offer a holistic approach to business resiliency. Sungard as built a complete managed service and backed it with 247 management and monitoring. Sungard apex collateral a pex collateral is designed to streamline and automate collateral operations to deal with the increased demands, complexity of operations and regulatory requirements experienced by todays collateral manager.
Sungard as united states transforming it for resilient business. Sungard launches new apex solution for securities finance. 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. Fis trading software, portfolio management, market data and connectivity capabilities provide nextgeneration trading solutions. The company provides disaster recovery services, managed it services, information availability consulting services, and business continuity management software. Colline collateral management software from vermeg. Turnkey lender is a cloudbased commercial loan software for evaluating borrowers, decisionmaking support, and onlinelending process automation. Sungard has taken over securities lending and collateral management software provider finace from swisscom it services. It was formed in 1983, as a spinoff of the computer services division of sun oil company. Software applications focused on the mitigation of credit risk with counterparts through regular collateralization. The fundamental idea of collateral management is very simple, that is cash or securities are passed from one counterparty to another as security for a credit exposure. Sungard data systems marketswiki, a commonwealth of market.
Valdi is a suite of global multiasset trading solutions for listed equities, derivatives and commodities that provides access to trading venues around the world. As a integral part of your internal risk management practices, the software provides a highlevel view on positions including realtime margin call functionality. Apex collateral in todays market, you need to make the best use of your inventory and handle the increasing volume and complexity of collateralized trading activities. Sungard buys finace from swisscom institutional investor. Sungard capital markets has unveiled a collateral management module for its devon derivatives system.
Business wiresungard, one of the worlds leading software and technology services companies, today reported results for. Jp morgan chase and sungard have teamed up to create a collateral management system based on sungard s adaptiv product for overthecounter derivatives. Jp morgan and sungard collaborate on collateral management. Jp morgan chase and sungard have teamed up to create a collateral management system based on sungards adaptiv product for overthecounter derivatives.
Webbased collateral software solution, colline supports all regulatory and strategic collateral management needs across all time zones. Apex collateral is fis innovative solution for collateral management, optimization and trading on a single platform. The new software is based on sungard s work for the cme depository trust company, the chicago mercantile exchange subsidiary charged with developing a collateral. The software provides a singular realtime inventory of collateral asset pools that can include overthecounter. Mar 26, 2012 sungard has added a crossenterprise collateral management and optimization solution to its collateral management suite.
Apex collateral helps banks, broker dealers and asset managers improve risk management, make the best use of their collateral assets, and support the shift towards central clearing of overthecounter otc derivatives. Ubs fund services collaborates with sungard and hazeltree. Sungard has acquired finace, a provider of securities lending and collateral management software, from swisscom it services, part of leading swiss telecommunications group swisscom. Collateral management systems and solutions from vendors listed at bobsguide. Fis financial systems llc company profile and news. Securities lending times david lewis of sungards astec. Smartstream tlm collateral management vs sungard apex. No copy or other reproduction shall be made without written permission of sungard.
Aimed at smaller endusers, it will allow existing jp morgan clients, such as corporate treasurers, i. Apex collateral helps banks, broker dealers and asset managers improve risk. Plus 360 is a single integrated suite of software solutions for the management of student information, assessment and curriculum, special. Regardless of asset class or strategy, youll have the tools you need to stay competitive, across otc, electronic trading and crossasset investment strategies. Apex collateral gives you the big picture view by providing automated, enterprisewide collateral management, optimization and trading on a single platform.
It helps collateral traders, risk professionals, operations staff and senior management manage and optimize their collateral on an enterprisewide basis. Sungard asset management software can help institutions of all sizes strengthen their operations. The company offers solutions for asset finance, asset management software, collateral management, compliance. The new module comes in response to the growth of collateral as a credit risk management tool for trading otc derivatives and foreign exchange instruments, say sungard officials. Sungard was an american multinational company based in wayne, pennsylvania, which provided software and services to education, financial services, and public sector organizations.
To help reduce operational risk, our collateral manager software allows you measure credit exposure and optimize collateralization. Securities finance and collateral management interviews. Forget biased analysts, our data comes from real end users who use the software day in and day out and it professionals who have worked with it intimately through procurement, implementation, and maintenance. Sungard, algorithmics, lombard risk and omgeo, who. Valdi includes global market data and advanced trade, order, execution and liquidity management systems as well as pretrade and posttrade risk and compliance solutions.
Mar 27, 2012 sungard has added a crossenterprise collateral management and optimization solution to its collateral management suite. Sungard pushes enterprisewide collateral management ftf. Market share other accounting and finance software smartstream tlm collateral management vs. Jp morgan and sungard collaborate on collateral management system. With the online portals they provide, we have a full view into whats going on whether its the replication of our servers, the dr as a service, the production service for the credit union solutions, or our offsite backups. Sungard is one of the worlds leading information availability services companies, serving more than 9000 customers globally. Sungard financial systems serves customers worldwide. The platform covers all stages of entire lending lifecycle including borrower management.
Flexible workflows are tailored to suit the needs of the business, including threshold based straight through. Sungard has also just launched an enterprisewide collateral management system by integrating its apex position recordkeeping module with its adaptiv collateral management software. Repo, sbl and synthetics, enabling users to effectively upgrade and transform the collateral assets. Bobsguide is directory of collateral management solutions from software vendors for collateral management systems. Calypso is pioneering innovative technologies native cloud technology, ai, big data that reimagine capital markets. Sungard launches apex enterprise collateral management. Sungard pushes enterprisewide collateral management ftf news.
Responding to customer demands for a more holistic view of collateral, sungard is launching the apex enterprise collateral management solution, an enterprisewide offering that builds upon a platform from finace, which sungard acquired last year. Sungard loanet is most often used by companies with 0 employees and m dollars in revenue. Sungard as also has technology and systems management services for application and data center outsourcing, as well as business continuity consulting services and planning software. Sungard releases new collateral management module for. This new paper created by sungard and sapient explores this new shift in collateral management from an operational cost center into a profit center located in the front office and looks to address innovation in collateral optimization techniques. A pex collateral is designed to streamline and automate collateral operations to deal with the increased demands, complexity of operations and regulatory requirements experienced by todays collateral manager. Dec 03, 2012 sungard also provides disaster recovery services, managed it services, information availability consulting services and business continuity management software. All functions can be accessed realtime through a browser with accounting information instantly updated seven days a week, 24 hours a day. Sungard asset management is a asset management software. It helps collateral traders, risk professionals, operations staff and. Sungard also provides disaster recovery services, managed it services, information availability consulting services and business continuity management software. Sungard has added a crossenterprise collateral management and optimization solution to its collateral management suite. See how many websites are using smartstream tlm collateral management vs sungard apex and view adoption trends over time. Sungard as united states transforming it for resilient.
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