SunGard has added a cross-enterprise collateral management and optimization solution to its collateral management suite.
Apex Collateral aims to help banks, broker dealers and asset managers improve risk management, make the best use of their collateral assets, and support the shift towards central clearing of OTC derivatives.
Rich Hochreutiner, global head of collateral trading and management at Swiss Reinsurance company, said: “SunGard’s Apex Collateral solution helps us increase our effectiveness by providing a consolidated, big picture view of our collateral asset pool across OTC derivatives, reinsurance collateral, repo and securities lending. This transparency helps us mitigate counterparty risk while getting maximum value from our collateral assets.”
