Systeia implements SunGard Adaptiv 360

Source: SunGard

SunGard today announced that Systeia, a specialist European hedge fund management firm, has successfully upgraded its existing SunGard risk management technology with the implementation of SunGard's Adaptiv 360.

Adaptiv 360 will help Systeia to manage its market risk requirements across its business, helping it to support real-time trade, portfolio and market risk management across different asset classes (www.sungard.com/adaptiv)

To gain a competitive advantage within the alternative investment arena, it is important for Systeia to be able to quickly assess market risk across its business in order to help maximize trading opportunities. The flexible configuration capabilities of SunGard's Adaptiv 360 have helped Systeia to upgrade the tools, dashboards and custom reports to help meet its reporting and portfolio risk management needs.

Joël Postic, chief financial officer at Systeia, said: "In 2001, we choose SunGard's Adaptiv solution to be the backbone of Systeia's information systems, and we are very pleased with the upgrade path we have since followed. Much of our activity is unconventional, as our portfolio contains a large range of products operating within the alternative investment arena. It is therefore very important for us to have flexible and durable technology in place that offers wide instrument coverage."

Juerg Hunziker, president of SunGard's Adaptiv business unit, commented: "Understanding the changing business needs of our customers is key to SunGard's success. We are pleased that our continued relationship with Systeia demonstrates this understanding. Adaptiv 360 will help Systeia to move into a more complex trading environment with the management of its market risk exposures on real-time basis.

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