Chartis names SunGard as one to watch for collateral
11 October 2012 New York
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Chartis Research has named SunGard as a category leader in its RiskTech Quadrant for enterprise collateral management solutions. SunGard is the only vendor recognized as a category leader for both the trading and banking books.
Chartis analysed a range of collateral management solutions for their completeness and market potential, with SunGard’s Apex Collateral and Ambit Core Banking’s collateral management solution both scoring highly.
Peyman Mestchian, managing partner at Chartis Research, said: “Technology providers need to be able to support the shift of collateral management from a fragmented, cost-focused discipline to an enterprise-wide, dynamic process that manages collateral to raise revenue as well as keep costs down.â€
Harold Finders, chief executive officer of SunGard added that the move to central clearing and increased capital charges are creating greater demand for high quality collateral. “SunGard’s Apex Collateral and Ambit Core Banking’s collateral management solutions provide real-time, enterprise-wide views to help firms optimize their collateral across the organisation.â€
Chartis analysed a range of collateral management solutions for their completeness and market potential, with SunGard’s Apex Collateral and Ambit Core Banking’s collateral management solution both scoring highly.
Peyman Mestchian, managing partner at Chartis Research, said: “Technology providers need to be able to support the shift of collateral management from a fragmented, cost-focused discipline to an enterprise-wide, dynamic process that manages collateral to raise revenue as well as keep costs down.â€
Harold Finders, chief executive officer of SunGard added that the move to central clearing and increased capital charges are creating greater demand for high quality collateral. “SunGard’s Apex Collateral and Ambit Core Banking’s collateral management solutions provide real-time, enterprise-wide views to help firms optimize their collateral across the organisation.â€
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