SunGard has been named as the top vendor for market risk in the power sector in Energy Risk's 2010 Software Survey Rankings. SunGard also placed among the top five vendors for ease of use, modeling, risk metrics, trade capture, data integration, customer service, and market risk in the gas sector, as well as best product coverage and best overall trading and risk management (TRM) platform.
The Energy Risk annual survey assesses software vendors based on the functionality, usability, performance, and reliability of solutions by conducting an online poll of industry users of energy trading and risk management tools. End users from banks, energy trading companies, oil/gas houses, hedge funds, brokerage houses, utilities, and energy producers voted to select the best software vendors in the energy industry. Energy Risk's Software Rankings are determined by readers and professionals throughout the industry, who must write in the name of vendors for each category rather than choose from an existing list of vendors. The magazine received between 10 and 24 different vendor names for each category, and rankings were determined by the percentage of votes each vendor received.
Stella Farrington, editor of Energy Risk magazine, said, "For the second consecutive year, SunGard scored consistently high in several categories, which demonstrates that its customers continue to be pleased with SunGard's current technology solutions for energy risk management and trading, as well as its knowledge of the energy markets and customer service."
Ben Jackson, senior executive vice president for SunGard's energy and commodities business, said, "SunGard's energy solutions help energy companies to more efficiently and profitably trade and market energy, process transactions, manage risk and optimize operational and financial decisions. We continue to deliver innovative solutions that leverage service-oriented architecture based frameworks that integrate trading, risk and control, credit, fuels procurement, emissions compliance, back-office, treasury and finance for straight-through processing of commodity transactions."
About SunGard Energy and Commodities SunGard's energy and commodities solutions help energy companies, corporate hedgers, hedge funds and financial services firms to compete efficiently in global energy and commodities markets by streamlining and integrating the trading, risk management and operations of physical commodities and their associated financial instruments. Through real-time data, connectivity and analysis, the solutions help customers achieve transparency and regulatory compliance in fast-moving energy and commodity markets. SunGard's energy and commodities solutions address end-to-end transaction and operational lifecycles with flexible deployment options to meet time-to-market needs. For more information: visit www.sungard.com/energyandcommodities. |