Standard Bank extends its use of SunGard solutions by selecting Adaptiv Analytics

Issued by Fishburn Hedges for SunGard
London, 20 Mar 2007

SunGard (http://www.sungard.com) today announced that Standard Bank Group has selected SunGard's Adaptiv Analytics to help support its business requirements for simulation-based methodologies for its derivatives portfolios.

Adaptiv Analytics provides an extensible framework for distributing complex portfolio-level risk calculations.

The Adaptiv Analytics architecture will help Standard Bank harness the computing power required to manage its trading volumes and complex instrument coverage.

Adaptiv Analytics will integrate with SunGard's Adaptiv Credit Risk solution currently used by Standard Bank for enterprise-wide counterparty credit risk management.

Furthermore, Adaptiv Analytics will help Standard Bank follow a phased approach to its technology deployment, increasing instrument coverage through each phase, while adding incremental functionality as and when required.

Standard Bank will be able to support the simulation of derivatives exposures for present and future trading volumes. John Stathoulis, director, risk management, Standard Bank, commented: "SunGard continues to work well with us and understands our particular requirements for a phased approach. The integration of Adaptiv Credit Risk and Adaptiv Analytics will help us to support business through enhanced practices for counterparty risk management."

Juerg Hunziker, president of SunGard's Adaptiv business unit, commented: "We are pleased that we are able to extend our relationship with Standard Bank. Adaptiv Analytics offers the bank an innovative technology to help it meet its growing credit risk requirements."

Standard Bank

The Standard Bank Group delivers its services through a network of more than 700 points of representation throughout South Africa, 17 other African countries (238 points of representation) and extends to 21 countries on the other continents, including the key financial centres of Europe, the United States and Asia. The group has established itself as a leader in banking technology for the personal and business markets in South Africa. The corporate and investment banking arm has consistently ranked in successive peer surveys as the South African market leader. At 31 December 2005, the group had assets of R756 billion and employed more then 40 000 people worldwide.

Adaptiv

SunGard's Adaptiv provides enterprise-wide credit and market risk management and operations solutions for financial services institutions. Adaptiv assists institutions of varying size and complexity to deploy technology to meet both internal and regulatory requirements for risk management and operational control. We help financial services institutions from the banking, hedge fund, asset management, insurance and corporate sectors with our deep understanding of risk management and operational processes.

SunGard

With annual revenue exceeding $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25 000 customers in more than 50 countries, including the world's 50 largest financial services companies. Visit SunGard at www.sungard.com.

Trademark information: SunGard, the SunGard logo and Adaptiv are trademarks or registered trademarks of SunGard Data Systems Inc or its subsidiaries in the US and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

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Standard Bank extends its use of SunGard solutions by selecting Adaptiv Analytics

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