ATB, a regional financial institution based in Edmonton, Alberta, selected Kiodex to help support its newly established energy derivatives operation, which it launched as an additional service to offer its energy corporate customers. Kiodex Risk Workbench is a Web-based commodities risk management solution that integrates deal capture, proprietary valuation models, risk reports, and independent market data that includes representative prices, volatilities and volatility skews across the spectrum of commodity markets.

As a Web-based solution that is pre-configured to handle specific nuances related to commodities trading, Kiodex can be rapidly implemented, helping financial institutions like ATB to quickly enter into derivatives trading and to provide new products and services to its clients that have financial exposure to commodity prices.

Rimas Siulys, director of middle office risk management at ATB Financial, said, "ATB's Energy Group has one of the largest units specializing in energy and commercial lending in Canada. When we made the decision to extend our services to include derivatives trading, we selected SunGard's Kiodex as our trading and risk platform because of its Web-based delivery, ease-of-use, and the complete package of energy forward, volatility and correlation curves, which we have found to be a huge time-saver. We have also been very impressed with the responsiveness and friendliness of SunGard's customer support team for Kiodex."

Thomas Farley, president of SunGard's Kiodex business unit, said, "Bundling derivatives with corporate banking lending helps organizations like ATB to increase revenues while decreasing the risks associated with lending in the corporate sector. Kiodex helps banks to quickly enter into derivatives trading and realize the benefits of this strategy, by providing rapid time-to-market and full support for the trading and risk management of corporate derivatives."

Separately, SunGard today announced plans to complcomplete a multi-million dollar project to migrate Investar*ONE, SunGard's real-time, 24/7, fund transfer agency recordkeeping system, to a server-based solution.

The initiative, scheduled to be completed in 2007, will shift Investar*ONE's existing database structure to Oracle Database 10g. The platform and database change will help improve the speed, security and versatility of Investar*ONE's platform while helping to significantly reduce operational costs.

Moving to a server-based architecture will help Investar*ONE become a more portable solution allowing for greater use of the system's processing capabilities, including multi-currency trading and payment functionality. This initiative will help Investar*ONE customers benefit from a relational database structure that will provide enhanced data access options and a streamlined development environment.

Investar*ONE's migration to a server-based platform will be the second significant technology upgrade recently made to Investar*ONE. SunGard replaced Investar*ONE's GUI desktop in September 2006 with a Rich Internet Application supported in a thin Web client environment. The initiatives position Investar*ONE for growth as a global transfer agency system solution.

Ken Kempf, president of SunGard's Investar*ONE business unit, commented, "SunGard is responding to industry demands for a more flexible and efficient technology solution to help reduce costs and improve operational efficiency while maintaining large scale processing capabilities. Our technology initiatives combined with the rich functional capabilities of Investar*ONE are well suited to meet the needs of today's mutual fund industry."