SunGard has unveiled its Adaptiv Analytics solution, an advanced engine for high-speed risk analysis.
The solution is underpinned by computer processing units (CPUs) and graphical processing unit (GPU) hardware, which is the same technology used to create real-time effects and graphics in computer games.
Rik Turner, senior analyst at Ovum, said: “Typically, leveraging the advantages of GPUs would have been a costly exercise for banks because GPU programmers are in demand. The new offering from SunGard can help those who want to benefit from the processing power of GPU technology but not invest in new competencies.”
Designed to create quick, timely and accurate analytics, the solution pairs analytical strength with the processing powers of the CPU and GPU. It conducts complex calculations, such as credit valuation adjustments, at speeds of 100 million valuations per second, compared to the average processing power of a CPU of 22 million per second.
Adaptiv Analytics is designed to help companies to achieve low-cost scalability, supporting any future processing requirements without any additional hardware or development costs.
It meets the growing demand for a greater understanding of counterparty risk and credit value adjustment measures, and the increasing pressure to respond to evolving regulatory reporting requirements.
SunGard chief technology officer Steve Silberstein said: “The real value-add here is that banks can leverage their existing infrastructure and engineers without the need for any additional resource. As such, our solutions can help banks accomplish higher speed risk analysis more cost effectively, which is a critical asset to future banking operations.”
