SunGard APT Reporting Results
Released on: November 04, 2011, 6:37 pm
Amid the changing regulatory regime in Germany, SunGard
Financial systems and Ampega Gerling GmbH, the asset management
division of the Talanx Group, can report the successful implementation
of the investment manager's new risk management reporting systems.
In line with the regulatory requirements of Germany's Bundesanstalt für
Finanzdienstleistleistungsaufsicht ('BaFin'), APT will help the Ampega Gerling
investment manager report and monitor Value at Risk (VaR) on a daily. The daily
figures will then be analysed in batches of ten day periods to determine whether any
outliers highlight a breach of the rules to be investigated and reported to BaFin,
which requires reporting of breaches once a quarter.
SunGard Financial Systems provides mission-critical software and IT services to
institutions in virtually every segment of the financial services industry. Their
APT system can be implemented in buy-side operations to assist with portfolio
analysis, risk management and regulatory reporting.
Rob Mackay, chief operating officer of SunGard's APT business unit, said, 'APT's
flexible batch risk reporting capability is a cost-efficient and effective solution
that helps asset managers meet internal and external risk reporting requirements.
Ampega Gerling is one of a growing number of German investment managers utilising
APT's risk management, BaFin compliance and risk reporting capabilities.'
Market risk management and transparent reporting is increasingly demanded by institutional and private investors but is only one of the financial management solutions offered by the SunGard.com/APT system, which can also be
customised and scaled to provide portfolio construction and optimisation functions.
About SunGard APT
SunGard is one of the world’s leading software and technology services companies.
SunGard has more than 20,000 employees and serves more than 25,000 customers in more
than 70 countries. SunGard provides software and processing solutions for financial
services, higher education and the public sector.
SunGard's APT provides investment technology for a broad range of asset classes,
countries and regions including data and software for understanding market risk,
credit risk, liquidity risk and for portfolio construction and performance analysis.
Contact Details: 41st Floor,25 Canada Square
Tel. 020 8081 2652
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