SunGard talks up Adaptiv Credit Risk platform

Source: SunGard

SunGard, today announced that Adaptiv Credit Risk has processed in excess of 13,250,000 transactions since September 2002 when it was first launched.

With increasing numbers of global banks having selected Adaptiv as their global credit risk management solution of choice, the system is now running at the rate of over 1.5 million transactions per month.

Adaptiv Credit Risk is a global credit risk management and control solution that provides a real-time, credit risk solution for global exposure aggregation and limit management, credit risk analytics, collateral management and Web-based communications.

Separately, SunGard are pleased to announce that Adaptiv Credit Analytics is amongst the solutions being showcased by Intel Corporation at the Intel Developer Forum. Recent independent benchmarking tests have demonstrated the performance benefits of Adaptiv Credit Analytics running on Intel Xeon processors and utilising Intel Hyper-Threading technology.

SunGard's Adaptiv Credit Risk is developed and deployed on powerful Intel Xeon processor-based servers that deliver the price/performance, availability and flexibility to support high trading volumes and large numbers of users.
Intel Xeon processor-based systems also deliver the flexibility to scale as needed, delivering optimum solution performance and return on investment, combined with the uncompromising dependability that financial services applications need. By using tried and tested standards, Adaptiv Credit Risk and Intel provide a solution that is stable, scalable and open.

Don Wood, chief technology officer of SunGard's financial systems business said "We work closely with Intel software engineers to deliver solutions to SunGard customers running our applications on Intel-based platforms. Our development teams take advantage of multi-threading and multi-tasking techniques in several of these applications, such as Adaptiv Credit Risk, to help maximize performance and scalability to keep ahead of industry demands.
As the industry makes this next leap to multi-core architectures, we intend to continue to work with Intel and deliver the latest technologies to our customers."

Adaptiv Credit Risk solutions optimized on Intel Xeon processor-based servers assist financial institutions of all sizes to meet their enterprise-wide credit risk requirements, including those for the advanced, accurate and timely risk analytics that can drive forward the sophistication of risk information available within an institution.

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