SunGard Financial Systems, provider of IT services to Asian financial services institutions, has unveiled a new cross-asset risk and margin product which it says will help brokers and futures commission merchants (FCMs) to increase their trading capacity.
The product, named ‘Front Arena Cross-Asset Risk’, will provide real-time consolidated risk, exposure and cross-asset portfolio margining.
Sungard says it will eliminate the need for multiple risk systems and supplies cross-asset portfolio margining and pre- and post-trade risk aggregated across all trading and trade processing systems.
“By delivering extended cross-asset risk and margining capabilities through a single platform, SunGard is helping firms to increase competitiveness,” said Christian Kromann, chief operating officer of SunGard’s capital markets trading business.