View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
March 11, 2009

Interbanca selects SunGard’s risk management engine

To valuate its portfolios

By CBR Staff Writer

Interbanca, an Italian banking group, has selected SunGard’s risk management engine Reech RiskHedge, for the valuation of its complex portfolios.

Reech RiskHedge will help Interbanca’s risk department to compute the value at risk (VaR) of its positions. Delivered on an application service provider basis, Reech RiskHedge is expected to help Interbanca keep entry and support costs low, while maximizing the speed of implementation, said SunGard.

SunGard’s Reech RiskHedge is also expected to help Interbanca’s risk department measure the risk of incurring loss due to fluctuation in security prices, option volatility and credit spreads. It will also help the bank produce various market risk reports that reflect market sensitivities or the complete VaR of the portfolio.

Andrea Liso, head of information systems at Interbanca, said: Interbanca’s risk department decided to find a single risk management platform able to aggregate risk positions in accordance with industry best practices. We were looking for high quality of results, quantitative expertise and sophistication. After a short selection process, SunGard’s Reech RiskHedge was considered the appropriate solution and will help simplify our whole risk management process.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.