SunGard has released a new version of its risk analytics engine, Adaptive Analytics, which provides better performance to help customers manage the development of credit value adjustment (CVA) and around regulations such as Basel III capital requirements.
Adaptive helps customers correctly calculate the cost of credit so that operators can correct price at the same time maximize new business opportunities. It helps customers quickly and effectively manage the computationally intensive computations for active CVA management and new regulatory stress test requirements. As the credit risk management increases in priority to senior executives, Adaptive also contributes to increased transparency in counterparty credit risk.
Tests show that more than 6 times now performs faster than previous releases of a benchmark portfolio in Adaptive Analytics. This increase in performance means that a calculation will run at the same time with only 16% of the hardware required in the past, to reduce the cost of hardware with expensive simulation calculations. Adaptive Analytics fast and accurate calculations help give customers a more accurate reflection and sharing of their credit risk.
Mat Newman, Director of product management for Adaptive Sungards position, risk and operations company, said, "Adaptive Analytics helps customers manage increased volume and complexity of calculations that are now required to carry out pricing and risk management, such as CVA, risk for incremental loading and the potential future exposure calculations. This innovation is part of our ongoing program optimization technology. "
Geen opmerkingen:
Een reactie posten