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SunGard wins Xcel Panorama contract

18 March 2002  |  2742 views  |  0 SunGard wins Xcel Panorama contract

Xcel Energy is to deploy SunGard Trading and Risk Systems' Panorama product to support its energy markets business unit trading operations.

Under the deal, Panorama will provide trading and risk management support for Xcel's regulated and non-regulated energy trading activity, and support the company's expansion into structured products marketing.

Jim Ashton, chief executive officer of SunGard Trading and Risk Systems, comments: "With this single vendor solution, Xcel traders will be able to fully integrate entirely new commodity and financial products, for both front- and middle-office processing, in less than one hour."

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