As part of its unified enterprise insurance solution strategy, SunGard has launched iWorks Enterprise Life Admin, a cloud-based policy administration solution (PAS) that helps insurance carriers increase competitive advantage and business growth through faster deployment of new insurance products.
As part of Mexico's implementation of a risk-based insurance solvency system, the Mexican Association of Insurance Institutions (Asociación Mexicana de Instituciones de Seguros, AMIS) has chosen SunGard's iWorks Prophet actuarial modeling solution to develop a risk model based on the European Solvency II model. The model will be used for long-term Life portfolios for the Mexican market using data from one of Mexico's insurance institutions.
SunGard has released the investment risk component of its iWorks Enterprise Financials business intelligence (BI) solution, a cloud-based and mobile-enabled BI tool that gives insurers' chief investment officers and chief financial officers the ability to transform raw financial data into actionable insights and timely analysis for investments, risk and compliance.
SunGard has launched Front Arena Cross-Asset Risk to provide brokers and futures commission merchants (FCMs) with real-time consolidated risk, exposure and margin calculations across multiple asset classes and markets.
Sandell Asset Management, a U.S.-based alternative asset management firm, has chosen SunGard's Hedge360 for its portfolio management platform.
Itochu Enex, a major Japanese energy provider, extends its technology outsourcing with SunGard's Valdi and Stream Clearvision ASP Services to help operate its front-to-middle office technology platform.
SunGard has joined the Dubai Financial Market (DFM) Vendor Registration Program, which regulates the provision of order management systems (OMS) and online trading solutions to DFM-licensed brokerage firms.
SunGard announces the launch of its Hedge360 Risk Reporting Service which provides hedge funds with independently validated data and analytics to help meet investor demand for due diligence and high-quality risk management strategies.
SunGard Data Systems Inc. ("SunGard"), one of the world's leading software and technology services companies, today reported results for the first quarter ended March 31, 2014.
AgFirst Farm Credit Bank, a provider of funding and financial services to agricultural credit associations, has selected SunGard's Ambit Commercial Lender to help modernize lending operations.
© Finextra Research 2015