SunGard has added Kiodex Control, a real-time position and margin monitoring component, to its Kiodex risk management solution.
The component aids the monitoring of position limits and margins in real-time, with built in alerts for when thresholds are reached. It also provides functionality for simulations using up-to-the-minute data.
In addition, Kiodex Control helps to ensure compliance, according to the firm, in that it allows customers to stay within limits imposed by regulators and exchanges. The solution as a whole is offered on a software-as-a-service solution, in line with SunGard's initiatives in this area.
"In today's increasingly regulated and volatile market, compliance and risk management are absolutely critical to our customers' success," says Kirk Howell, chief operating officer for SunGard's Kiodex unit. "Kiodex Control will help our customers better manage risk by providing access to accurate, real-time information, helping them manage positions, P&L, and margin in real-time."
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