The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Italy’s Interbanca Picks SunGard’s Reech RiskHedge for Complex Valuations

Italian banking group Interbanca has selected SunGard’s risk management engine, Reech RiskHedge, for the valuation of its complex portfolios. Andrea Liso, head of information systems at Interbanca, explains that the firm decided to move to a single risk management platform to simplify the process of calculating the value at risk (VaR) of its positions.

The solution is being delivered on an application service provider (ASP) basis, which the vendor says will help Interbanca keep entry and support costs low, while maximising the speed of implementation. “We were looking for high quality of results, quantitative expertise and sophistication,” says Liso.

The bank hopes that the solution will help its risk department measure the risk of incurring loss due to fluctuation in security prices, option volatility and credit spreads in the current market environment. It also expects Reech RiskHedge to assist in the production of various market risk reports that reflect market sensitivities or the complete VaR of the portfolio.

Related content

WEBINAR

Recorded Webinar: Entity identification and client lifecycle management – How financial institutions can drive $4 billion in cost savings

A new model in Legal Entity Identifier (LEI) issuance has created significant opportunities for financial institutions to capitalise on their KYC and AML due diligence. By becoming Validation Agents and obtaining LEIs on behalf of their clients, financial institutions can enhance their client onboarding experience, streamline their internal operations, and open the door to new,...

BLOG

GLEIF CEO Stephan Wolf Outlines LEI Strategy Based on Hindsight and Innovation

The Global LEI Foundation (GLEIF) has set strategy that will make the Legal Entity Identifier not only essential to smooth running of capital markets, but also the wider digital economy. Achieving these goals is a matter of hindsight and innovation based on the GLEIF’s decision to drive extended use of the LEI in the private...

EVENT

RegTech Summit London

Now in its 5th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

GDPR Handbook

The May 25, 2018 compliance deadline of General Data Protection Regulation (GDPR) is approaching fast, requiring financial institutions to understand what personal data they hold, why they process it, and whether it is shared with other organisations. In line with individuals’ rights under the regulation, they must also provide access to individuals’ personal data and...