SunGard acquires risk management solution from ICE

Pennsylvania-based software company SunGard has acquired the ICE Risk commodity trading solution from IntercontinentalExchange (ICE.)

ICE Risk will add real-time exchange connectivity, valuation and risk capabilities for futures, options and swaps for multiple asset classes to SunGard's web based Kiodex commodity trading and risk management solution.

"ICE Risk combined with Kiodex will offer traders real-time positions and prices for valuing exchange-traded and cleared products in real-time," says Ben Jackson, chief operating officer of SunGard's Kiodex business unit. "This will help commodity traders view any level of the deal

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