About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

BCC di Roma Picks SunGard’s Reech FastVal for OTC Derivatives Valuations

Subscribe to our newsletter

Italian bank La Banca di Credito Cooperativo (BCC) di Roma has selected SunGard’s OTC derivatives valuation service, Reech FastVal, for the valuation of its structured products.

According to SunGard, the bank has chosen to use the service on an application service provider (ASP) basis to keep costs down and speed up implementation. The vendor says that the system will allow BCC di Roma’s derivatives users to compute the fair value of portfolios containing most financial products, including vanilla cash products, complex exotics and hybrid structures.

Rossano Giuppa, risk management director at BCC di Roma, explains: “BCC di Roma’s financial department decided to find an independent provider to value its structured products, in accordance with industry best practices. We selected SunGard’s Reech for its high quality results, quantitative expertise and sophistication. Reech will also help us remain flexible as our industry develops and the products we trade evolve.”

Gavin Lee, chief operating officer of SunGard’s Reech business unit, adds: “BCC di Roma was looking for a transparent solution that could handle a broad range of asset classes, including interest rate, credit, foreign exchange, equity and inflation-linked products. SunGard’s Reech FastVal, which uses SunGard proprietary models and independent market data collated and constructed from several reliable data sources, provides BCC di Roma with a cost-effective, long term technology solution.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Best practice approaches to data management for regulatory reporting

13 May 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Effective regulatory reporting requires firms to manage vast amounts of data across multiple systems, regions, and regulatory jurisdictions. With increasing scrutiny from regulators and the rising complexity of financial instruments, the need for a streamlined and strategic approach to data management...

BLOG

Snowflake Bets it can Bring the Promise of AI to Wary Organisations

Snowflake has rooted its offerings more deeply in artificial intelligence, betting that its data cloud platform can deliver the promise of the technology at a time when many organisations are reappraising their approach to AI implementation. Among a flurry of new service announcements made at the end of last year, Snowflake unveiled plans to launch...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...