SunGard’s BancWare application has been voted the number one asset and liability management (ALM) provider in Risk magazine’s annual technology rankings.
Illustrated by the introduction of this dedicated category to the 2007 Risk rankings, ALM is now wide recognized as a component of risk management, reflecting the advancements in industry best practice.
SunGard’s BancWare ALM provides multi-dimensional analysis of the balance sheet, incorporating interest rate risk, income simulation and market valuation modeling.
SunGard also scored high rankings in several other categories including credit limit checking, Basel II, operational risk and regulatory capital calculations.
The rankings were compiled following more than three hundred votes from financial institutions worldwide. Participants were asked to base their votes on functionality, usability, performance, return on investment and reliability.
“We are delighted at the recognition these awards bring to BancWare and would like to thank our customers for their ongoing support and commitment. ALM has been at the heart of our business since our inception over 20 years ago,” says Andreas Hug, risk and compliance leader, Sungard.