SunGard wins Overseas Union Bank risk contract

Singapore's fourth largest bank, Overseas Union Bank (OUB) has gone live with Panorama, SunGard Trading and Risk Systems' enterprise solution for integrated cross-asset trading market and credit risk.

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SunGard wins Overseas Union Bank risk contract

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The bank says it will use Panorama to achieve bank-wide market risk analysis for fixed income, money market and equity instruments, and their derivatives.

OUB cites Panorama's proven functionality, and the flexibility of its modular architecture as key factors for choosing SunGard.

Gan Peng Hoei, vice president and head of market risk at OUB, comments: "Integration with our existing trading and banking systems was straightforward and we did not encounter any major issues that could not be resolved in a short period of time."

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