Bank of Montreal Financial Group Selects SunGard's Adaptiv for Best Practice Credit Portfolio Management.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- SunGard Trading and Risk Systems, an operating group of SunGard (NYSE NYSE See: New York Stock Exchange :SDS 1. (company) SDS - Scientific Data Systems. 2. (tool) SDS - Schema Definition Set. ), today announced that Bank of Montreal “BMO” redirects here. For the mathematics competition, see British Mathematical Olympiad. Bank of Montreal/Banque de Montréal (TSX: BMO, NYSE: BMO) is Canada's fourth largest bank[1], and is classified as a Domestic Chartered Bank (Schedule I). Financial Group (BMO BMO Bank of Montreal (Canada) BMO Before Market Open BMO Biometrics Management Office BMO Ballistic Missile Office BMO British Mathematical Olympiad BMO Balkan Mathematical Olympiad BMO Business Management Office ) has selected SunGard's Adaptiv Credit Risk, a comprehensive credit risk management solution delivered via an application service provider (ASP) framework. Adaptiv Credit Risk will provide BMO with a global, integrated, real-time infrastructure, helping the company to manage the credit risk of its financial markets activities. Adaptiv Credit Risk helps clients to implement consistent and global credit risk management processes and measurement methodologies in order to reduce risk management costs, improve transparency, implement modern risk management process and techniques, expand business opportunities without increasing limits and reduce total portfolio risk. As an integrated solution for credit risk management, Adaptiv Credit Risk consolidates and provides tools for portfolio analysis and exposure modeling, as well as global and real-time, pre-deal limit checks for control of credit risks in its financial markets business. Adaptiv Credit Risk will consolidate the full range of credit risk information at BMO through Web-based reporting, including exposures, mitigation, ratings, credit loss and portfolio analytics. BMO will use Adaptiv Credit Risk to help manage and control the counterparty, settlement, country and issuer risks associated with its financial markets activities, and to reduce its portfolio risk through collateralization In medicine, collateralization, also vessel collaterlization and blood vessel collateralization, is the growth of a blood vessel or several blood vessels that serve the same end organ or vascular bed as another blood vessel that cannot adequately supply that end organ , netting and diversification. SunGard will host the solution using SunGard Availability Services data centers, providing a fully resilient business continuity service. Adaptiv Credit Risk and the supporting processes will help BMO meet its business goals, such as providing tools to traders to understand and develop its credit positions through sophisticated exposure modeling, Web technologies for reporting, support of high trading volumes and openness, scalability and user-friendliness. The existing relationship with SunGard and SunGard's proven reliability, breadth of knowledge and experience were cited by BMO as important elements in the selection of Adaptiv. Steve Husk husk (husk) an outer covering or shell, as of some fruits and seeds. psyllium husk the cleaned, dried seed coat from the seeds of Plantago , president of SunGard's Trading and Risk unit said, "SunGard is delighted to announce that we will be building upon our long-standing partnership with BMO. With its selection of Adaptiv Credit Risk, BMO has demonstrated that it recognizes the benefits of a modern, portfolio-based approach to credit risk management. The solution delivers accurate, global limits and exposure information in real-time, helping to provide increased transparency across the organization, greater operational efficiency and utilization of capital." About SunGard Trading and Risk Systems SunGard Trading and Risk Systems provides integrated, enterprise-wide solutions for financial trading, risk management and operations, as well as asset liability management and financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and forecasting. Serving over 900 clients, it offers Web-enabled solutions for achieving straight-through processing straight-through processing The direct exchange of cash and securities. Straight-through processing is a major objective for cross-border transactions that are generally much more costly to settle compared to domestic transactions. , and for managing market, credit and operational risk. Clients include financial institutions, government agencies and corporations of every size, geographical reach and operational complexity. SunGard Trading and Risk Systems also offers systems integration, project management and consulting services. About SunGard SunGard is a global leader in integrated software Separate software components or applications that have been combined into one package. See integrated software package. and processing solutions, primarily for financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 20,000 customers in more than 50 countries, including the world's 50 largest financial services companies. SunGard (NYSE:SDS) is a member of the S&P 500 and has annual revenue of $3 billion. Visit SunGard at www.sungard.com. Trademark Information: SunGard, the SunGard logo and Adaptiv are trademarks or registered trademarks of SunGard Data Systems Inc. in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders. |
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