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

CECA Extends Use of SunGard’s FastVal Analytics for Valuing Complex Derivatives

Subscribe to our newsletter

Confederación Española de Cajas de Ahorros (CECA), the National Association of Spanish Savings Banks, is expanding its use of SunGard’s FastVal Analytics, a comprehensive suite of derivatives pricing models used by international financial institutions for derivatives pricing and structuring, risk management, model validation and benchmarking. The extended use of FastVal will help the association’s financial risk department price and manage complex interest rates and FX over the counter (OTC) products more efficiently.

FastVal Analytics has been integrated with SunGard’s Adaptiv risk management solution to provide CECA with a combination of valuation and risk analytics. The integrated solution will help CECA increase its operational efficiency when valuing complex OTC derivatives and analyzing risk scenarios.

Alberto José Martín Muñoz, head of CECA’s Market Risk Platform, said, “CECA’s risk department needed an efficient solution to help reduce the operational risk posed by having a number of different pricing solutions. In addition, as CECA provides services to different savings banks, we needed to extend our product coverage to include complex instruments. By choosing a solution integrated within our market risk platform, we will be able to manage the market and counterparty risk of the whole portfolio within SunGard’s Adaptiv.”

Massimo Salerno, head of CECA’s Risk Services Center, added, “Further reasons for the selection of SunGard’s FastVal Analytics were its ease of scripting new structured products, its coverage of OTC instruments, and SunGard’s expertise in measuring the market risk of complex derivatives.”

Gavin Lee, chief operating officer of SunGard’s FastVal business unit, said, “Institutions require more transparent, efficient and integrated systems to manage increasing complexity. SunGard’s FastVal and Adaptiv will help satisfy CECA’s valuation, deal entry, risk management and regulatory reporting needs, helping CECA focus on its strategic goal of serving the interests of Spanish savings banks.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Mastering Data Lineage for Risk, Compliance, and AI Governance

Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants ensure regulatory compliance with obligations such as BCBS 239, CCAR, IFRS 9, SEC requirements...

BLOG

A-Team Group Announces Winners of its Prestigious Innovation Awards 2025

The most innovative data and technology solutions for capital markets were recognised today as A-Team Group announced the winners of this year’s A-Team Group Innovation Awards 2025. Now in its fifth year, the prestigious awards recognise the innovative projects created across the vendor and practitioner communities that provide high-value solutions to organisations within capital markets...

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

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...