Press Releases

SunGard Launches Stream Real-Time Fail Monitoring Solution

August 10, 2009 — Burlington, MA

SunGard has launched Stream Fail Monitor, a new real-time solution to help firms proactively manage fails and exposures more quickly and efficiently.  Stream Fail Monitor tracks the securities settlement lifecycle to help users identify and track different types of fail events and quickly manage settlements throughout the day.  It also helps firms to manage Treasury Market Practices Group (TMPG) commitments by creating claim letters and accruals on Treasury fails and properly tracking receivables and payables, and may help to reduce fails through the process of consolidating, identifying and netting fails.

The failure of securities transactions to settle on time can cost a single firm thousands or millions of dollars each year.  Complementing any back-office securities processing application, Stream Fail Monitor automates the various disjointed and manual procedures of managing fails and extends the use of operations data to help firms improve straight-through processing.  In addition, it alerts users to fail exceptions automatically, thereby eliminating the need for custom fail reports and printouts.

Gerry Murphy, president of SunGard’s brokerage and clearance business, said, “The need for firms to reduce costs and errors throughout the settlement process is increasingly imperative.  Stream Fail Monitor delivers information on exceptions as they occur, allowing users to organize, prioritize and navigate their work to help reduce the time and mistakes involved in resolving exceptions and completing tasks.  Stream Fail Monitor also helps firms to generate the documentation needed to efficiently bill counterparties and keep track of outstanding claims.”

A browser-based tool, Stream Fail Monitor uses a dynamic user interface that helps the user access, process and take multiple business actions on open fails.  The solution helps users manage today’s settlements; manage actual fails; measure fail exposure by CUSIP and counterparty; create fail accruals, receivables and payables; and create and track counterparty claims.

About SunGard’s Stream
Stream consists of a collection of services designed to help financial services companies leverage data – whether proprietary, third-party, or SunGard’s – from across the enterprise to solve real business problems. Stream helps firms reduce the cost and complexity associated with adding new products, services and business lines. It supports the global securities-processing activities of financial services institutions, helping them to streamline operations, improve risk mitigation and simplify their IT architectures.

About SunGard
SunGard is one of the world’s leading software and IT services companies. SunGard serves more than 25,000 customers in more than 70 countries, including the world’s 25 largest financial services companies.

SunGard provides software and processing solutions for financial services, higher 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 exceeding $5 billion, SunGard is ranked 435 on the Fortune 500 and is the largest privately held business software and services company on the Forbes list of private businesses. Based on information compiled by Datamonitor*, SunGard is the third largest provider of business applications software after Oracle and SAP. Continuity, Insurance & Risk has recognized SunGard as service provider of the year an unprecedented six times. For more information, please visit SunGard at www.sungard.com.

*January 2009 Technology Vendors Financial Database Tracker http://www.datamonitor.com

Trademark Information: SunGard, the SunGard logo and Stream Fail Monitor 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.