SunGard adds reporting services notch to its belt
17 September 2013 New York
Image: Shutterstock
SunGard Astec Analytics has added reporting services to its solution suite, providing customers with the ability to generate reports with detailed information on their borrowing and lending programmes.
Astec Analytics Reporting Services offers clients the ability to create customised securities lending reports to help with independent analysis and accurate benchmarking of their programme鈥檚 performance.
Clients will be able to see accurate reports about what is being borrowed and lent against what collateral and for what fees. The level of detail will help to improve operations as clients will be able to identify their most profitable counterparts.
Tim Smith, executive vice president of SunGard Astec Analytics, said: 鈥淎ccess to clear and concise reporting is essential in order to achieve transparency and mitigate risk in securities finance. SunGard鈥檚 Astec Analytics Reporting Services enables users to customise their own reports, providing in-depth analysis and benchmarking to help ensure smarter trading operations going forward.鈥�
Rebecca Healey, senior analyst, at TABB Group, said: 鈥淎t a time when regulatory scrutiny and expectation of good practice are so high, having the ability to build and access relevant, tailored and current reports has taken on a new level of importance. Having a robust reporting service is no longer a 鈥榥ice to have鈥� but a 鈥榤ust have鈥� for those with the responsibility of monitoring their firms鈥� securities lending programmes.鈥�
Astec Analytics Reporting Services offers clients the ability to create customised securities lending reports to help with independent analysis and accurate benchmarking of their programme鈥檚 performance.
Clients will be able to see accurate reports about what is being borrowed and lent against what collateral and for what fees. The level of detail will help to improve operations as clients will be able to identify their most profitable counterparts.
Tim Smith, executive vice president of SunGard Astec Analytics, said: 鈥淎ccess to clear and concise reporting is essential in order to achieve transparency and mitigate risk in securities finance. SunGard鈥檚 Astec Analytics Reporting Services enables users to customise their own reports, providing in-depth analysis and benchmarking to help ensure smarter trading operations going forward.鈥�
Rebecca Healey, senior analyst, at TABB Group, said: 鈥淎t a time when regulatory scrutiny and expectation of good practice are so high, having the ability to build and access relevant, tailored and current reports has taken on a new level of importance. Having a robust reporting service is no longer a 鈥榥ice to have鈥� but a 鈥榤ust have鈥� for those with the responsibility of monitoring their firms鈥� securities lending programmes.鈥�
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
