Aktia Savings Bank selects SunGard's BancWare for risk management

Aktia Savings Bank selects SunGard's BancWare for risk management

Finland's Aktia Savings Bank has deployed SunGard Trading and Risk Systems' BancWare product for financial planning and asset and liability management.

The bank will use the system, which includes analytics modules for option-adjusted value at risk (OAV), to manage its interest rate risk exposure.

Jukka Sarkanen, chief financial officer, Aktia, says BancWare will help the bank hedge against risk, meet regulatory requirements and reduce volatility in earnings.

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