ABN AMRO Extends its Commitment to Using SunGard's Adaptiv for Integrated Risk Management
ABN AMRO, an all-round bank servicing retail, private and commercial banking clients with a strong foundation in the Netherlands, will use Adaptiv Credit Risk and Adaptiv Analytics for managing the credit limits and credit exposure calculations of its trading operation, and intends to leverage these components for market risk management.
ABN AMRO has been a customer of SunGard since 1992 and uses Adaptiv Credit Risk on an application service provider (ASP) basis to manage its trading activities and help control its traded credit risk. Adaptiv Analytics provides a framework for distributing complex portfolio-level risk calculations across a grid of servers.
Juerg Hunziker, president of SunGard's Adaptiv and Front Arena business units, said, "Adaptiv's ability to integrate market and credit risk will help understand, manage and report on risk across the enterprise in a consistent, transparent way."
At Adaptiv we are working hard to give our customers the platforms and tools they need to meet these new business requirements. To find out more about our solutions visit www.sungard.com/adaptiv
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Continued and consistent industry recognition:Chartis RiskTech 100 Rankings :
2011 SunGard Rated a Top Vendor
for its sixth consecutive year Banking Technology Readers' Choice Award 2011:
Adaptiv Best Risk Management Product
Waters Rankings 2011:
Adaptiv, Best Counterparty Risk Solution Provider
(third successive year) and Best Market Risk Provider 2011