SunGard enhances FastVal offering

SunGard has released FastVal 3.0 - a new version of its independent valuation service for vanilla cash, complex structured products and OTC derivatives. According to the Wayne, PA-based vendor, the new offering provides financial institutions with transparency into the models and underlying market data used in the valuation of instruments, as well as enhanced greeks, greater functionality in the running of intra-day valuations, and coverage of market data across a large number of securities.