Italy's RAS Group takes on SunGard products

The RAS Group, an Italian bank with €19.5 billion under management and administration, has installed SunGard's Reech REAL (Reech Analytics Library) product for the valuation of its structured products. According to SunGard, the platform will enable RAS's risk department to make standard, consistent reports. RAS has also installed SunGard's OTC derivatives valuation service, Reech FastVal, which will monitor the maturity of any given portfolio.