| Shenzhen Development Bank Selects SunGard’s BancWare to Help Manage Market and Liquidity Risk |
| September 18, 2007 Category: Technology |
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SunGard has announced that Shenzhen Development Bank (SDB) has selected SunGard’s BancWare to help manage its market and liquidity risk and produce regulatory reporting. BancWare ALM will be implemented in SDB’s head office in Shenzhen City.
SDB required an asset and liability management (ALM) solution that could help it to manage strategic business planning across its 230-branch operation. BancWare provides static and dynamic ALM analysis and detailed risk/return profiling, which will help SDB manage its cash more efficiently, enhance its liquidity management, manage the interest rate term structure across multiple market and business scenarios and help improve the risk-return profile of its banking book. SDB will also use BancWare to help it assess the risk sensitivity of its balance sheet across multiple reporting attributes and help it produce accurate and timely regulatory reports for the China Banking Regulatory Commission (CBRC) and Asset Liability Management Committee (ALCO). More News
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