Sungard Releases New Collateral Management Module For Devon

SUNGARD Capital Markets has unveiled a collateral management module for its Devon Derivatives System. The new module comes in response to the growth of collateral as a credit risk management tool for trading OTC derivatives and foreign exchange instruments, say Sungard officials.

The new software is based on Sungard's work for the CME Depository Trust Company, the Chicago Mercantile Exchange subsidiary charged with developing a collateral management service for interbank swaps trades.

Stephanie

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Credit risk & modelling – Special report 2021

This Risk special report provides an insight on the challenges facing banks in measuring and mitigating credit risk in the current environment, and the strategies they are deploying to adapt to a more stringent regulatory approach.

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The Covid-19 pandemic has induced a kind of schizophrenia in loan-loss models. When the pandemic hit, banks overprovisioned for credit losses on the assumption that the economy would head south. But when government stimulus packages put wads of cash in…

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