Alternative Investments Whitepapers
Thank you for your interest in SunGard Alternative Investments.
The current whitepapers which are available for download are listed below.
Increasing Transparency with Scenario Analysis - The Third Pillar of Risk ManagementThe reaction to the ongoing financial turbulence has been a need for improved monitoring of counter-party risk. Accordingly, anything that speaks to transparency and risk mitigation will remain front and center well into the future. While this is due in part to increased regulatory pressures, the reality is that once bitten investors are now demanding the imposition of much stronger risk management measures. The enormous pressure being placed on asset managers by their customers to increase risk management capabilities has dramatically altered the marketplace psychology; indeed, it is the institutional investors who are now calling the shots. Asset managers understand that superior risk management is key to their future success. Download this whitepaper to learn more.
 Download whitepaper now >> |
Modeling the volatility of equities markets in 2008The volatility of most equities markets increased very sharply during 2008, especially since the beginning of September 2008. Laurence Wormald, Head of Research at SunGard APT considers how SunGard’s APT risk models performed since the beginning of 2008, focusing on the concepts of responsiveness and robustness.
Download whitepaper now >> |
Take control of structured derivativesPaul Compton, Head of Product Managements at SunGard Alternative Investments, explains how consistency and a single point of entry for standard and structured products is essential for today’s trading and risk technology platform, enabling users to reduce error, increasing efficiency and gain competitive advantage.
Download whitepaper now >> |
The Goal Posts Are Widening: Addressing The Ever Increasing Need For PerformanceFinancial Institutions want more accurate calculations delivered at a quicker rate for more complex instruments and in greater volumes than ever before. And they want this all achieved through one, high performing, cross-asset system. Nils Undén explains how new technology and techniques from other industries and markets can be applied to financial technology systems in order to address these performance issues.
Download whitepaper now >> |
demand for independent valuation servicesThe past few months have brought the failures of several financial powerhouses, with inaccurate valuation practices and insufficient risk management structures, on to the front pages of the newspapers. With the markets in turmoil over OTC derivatives valuations, firms are looking to vendors to avoid the conflict of interest inherent in broker determined prices. Whether they are looking for new sources of neutral third party data or looking for a second opinion / secondary source to back up internal data, demand for independent valuation services are on the increase.
Download whitepaper now >> |
Next Generation Cross-Asset Trading SystemsTraders’ demands for systems that match the complexity of their strategies have led vendors to begin work on creating the Holy Grail – cross-asset trading systems. Pontus Eriksson, Product Manager, SunGard Front Arena, outlines what functionality these systems should include and how they can become the foundation of traders’ future plans.
Download whitepaper now >> |
REAL Equity-IR ModelIncreasing numbers of hybrid instruments whose cash flows depend explicitly on equity prices and interest rates are appearing in the market, such as notes and swaps whose coupon rates depend on the performance of both a stock index and a yield curve using Libor rates or swap rates. Simple equity or interest rate models are insufficient to price such products, as these do not incorporate the joint randomness of the equity and the yield curve. In addition, interest rate movements can be relevant when valuing almost any long-dated equity instrument. Again, an equity model with deterministic interest rates can be insufficient to price these products. In response to this need, the REAL library now offers a hybrid model with stochastic equities and interest rates for the valuation of these instruments. The equities can be denominated in any currency and are described by a local volatility smile model while the yield curve of the payout currency is described by a one or two factor Hull&White model. Payoffs are arbitrary and their exercise can be European or Bermudan. Pricing is by Monte Carlo (for all exercise types). This White Paper provides a specification of the pricing model.
Download whitepaper now >> |