The product is delivered on an application service provider (ASP) basis for a wide range of trading activities across the corporate and investment banking business.
SunGard says the credit risk tool has allowed the bank to consolidate data sourced from a number of systems into one central data repository, improving automation, increasing volume and ensuring better risk capital allocation.
Juerg Hunziker, president of SunGard’s Adaptiv business unit, commented Adaptiv Credit Risk provides Standard Bank with a single platform that integrates credit risk exposures across its business and geographical reach. By delivering our solution as an ASP we also help to ensure that the bank has a cost-efficient technology that helps address their risk management needs.
