LONDON, November 19 /PRNewswire/ --
SunGard's Front Arena and Adaptiv have been named as winners in the second annual Banking Technology Reader's Choice Awards. Front Arena (www.sungard.com/frontarena), a cross-asset trading solution, was chosen as Best Trading Platform/Order Management Product, while Adaptiv (www.sungard.com/adaptiv), a suite of solutions for enterprise-wide risk management, was voted Best Risk Management Product.
The Banking Technology Reader's Choice Awards are based on votes by the publication's readers, who were asked to nominate their choice of vendors and products in a range of categories. This is the second year in which SunGard's solutions have been category winners.
Juerg Hunziker, president of SunGard's Front Arena and Adaptiv business units, said, We are pleased to have been recognized in these awards for the second year running. The Banking Technology Awards are particularly important to us as they are one of the few industry awards that prompt our individual customers to comment on our solutions. It is a strong endorsement of the close relationships we have with our customers, and of our strategy to continuously develop and adapt our solutions to meet industry needs.
About Adaptiv
SunGard's Adaptiv provides enterprise-wide credit and market risk management and operations solutions for financial services institutions. Adaptiv assists institutions of varying size and complexity to deploy technology to meet both internal and regulatory requirements for risk management and operational control. Adaptiv helps financial services institutions from the banking, hedge fund, asset management, insurance and corporate sectors with our deep understanding of risk management and operational processes. For more information, visit www.sungard.com/adaptiv.
About Front Arena
A cross asset trading solution serving a range of financial institutions, SunGard's Front Arena provides straight-through processing by integrating sales and distribution functions, trading capabilities, risk management, as well as settlement and accounting support. Institutional asset managers and brokers, traders, and market makers use Front Arena to trade equities, fixed-income, interest rate derivatives, and credit. Front Arena's components can be configured to meet a variety of trading needs and scaled to support operations ranging from local to global. For more information, visit www.sungard.com/frontarena.
About SunGard
With annual revenue of US$5 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 25 largest financial services companies. Visit SunGard at www.sungard.com.
Trademark Information: SunGard, the SunGard logo, Front Arena and Adaptiv 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.
For more information, contact: Toby West, PR Communications Manager SunGard Financial Systems Tel: +44-(0)20-8081-2426 Email: toby.west@sungard.com
Toby West, PR Communications Manager of SunGard Financial Systems, +44-(0)20-8081-2426, toby.west@sungard.com
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