Overview

SunGard Adaptiv Trading is a real-time, straight through trading, portfolio analysis, desk level risk management and processing solution that enables rapid decision-making.

Using Adaptiv's unified technology framework, Adaptiv Trading provides cross-asset trading tools that support high volumes and simplify the process of trading complex derivatives. Featuring trade administration and a comprehensive suite of back office modules, Adaptiv Trading provides a complete front to back office solution for all the operational processing needs of financial institutions. Adaptiv Trading enables an institution to lower costs, reduce errors and ultimately mitigate operational risk.

Adaptiv Trading's event-driven, modular, extensible architecture and sophisticated customisation tools enable it to be used by institutions as diverse as banks, hedge funds, asset managers, and insurance companies. Modularity ensures that your business takes only what it needs, be it a complete front-to-back solution, an individual trading module or a back office solution to integrate with existing front office systems.

Cross asset trading in a modular solution

Adaptiv Trading provides a full cross-asset solution covering all interest rate products, fixed-income, foreign exchange (FX) and money markets, equities and equity derivatives, mortgaged-backed securities, exotic derivatives and credit derivatives. When these trading modules are combined, Adaptiv Trading becomes the one-stop solution for implementing complex cross-asset and hedging strategies.

Modularity ensures that you can deploy Adaptiv Trading either as the single solution across all desks, minimising costs and providing a consolidated view of trading and risk, or as a solution for more specialist requirements, such as credit derivatives trading.

Desk level risk supporting trading decisions

Effective trading requires analysis of not only investment performance but also the risk incurred to achieve that performance. Adaptiv Trading provides sophisticated real-time tools at the desk level, allowing traders and risk managers to assess the risk associated with a particular asset or portfolio. There is transparency of risk management from the enterprise level down to the desk level. Traders benefit from the ability to make decisions with a sound understanding of the risks involved.

Combined trading and risk – one solution meeting all requirements

Through its ability to manage and deliver a range of unified services on one technology and functional platform, Adaptiv provides a truly consolidated solution for all trading and risk management needs. The ability to integrate modules for both trading and risk ensures that the solution can be leveraged by your institution to go beyond trading and desk level risk, providing access to sophisticated enterprise-wide credit and market risk management, global limits and collateral management.

Proactive trader control

Adaptiv Trading offers your organisation an unprecedented level of proactive operations management and control from the front through to the back office. For managing reconciliation, control and compliance, Adaptiv Trading is uniquely focused to provide consistency in trade processing, data management and limit management.

Trader control is enhanced through Adaptiv Trading's ability to capture market data and transactional activity in real-time and update risk calculations for intra-day delivery, whilst traders are empowered through clear visibility of limits and the ability to perform real-time pre-deal limit checks, ensuring they are in a position to trade.

Extending STP through OTC distribution

Adaptiv Trading facilitates automation in over the counter (OTC) derivatives trading by connecting sales teams and dealers on a specifically designed network. It increases the efficiency of the process flow in quoting, selling and trading OTC derivatives by reducing errors, speeding up the quote process and allowing the automation of small volume transactions. Straight-through processing is extended from your sales teams to dealers, reducing manual intervention and the costly errors that accompany them.

Operational control through a flexible back office

Adaptiv Trading provides a fully functional back office which seamlessly integrates with the front office modules to enable straight through trading, risk management and processing. The back office module can also be used as a stand-alone solution to integrate with existing systems.

Compliance and regulatory reporting

Recognising the importance of meeting regulatory requirements, Adaptiv Trading allows exposures to be analysed and tracked to individual deals and supports specific regulatory calculations, thereby assisting in meeting IAS 39, FAS 133 and Basel compliance.

Microsoft ExcelTM integration

Excel is an excellent, flexible trading tool allowing complex calculations customised to a trader's business. However, it is difficult to audit and fully integrate such pricing sheets with a system of record. Adaptiv Trading supports centralised integration of Excel spreadsheets, allowing customised spreadsheets with proprietary pricing calculations to be stored directly in the Adaptiv database. This provides many benefits, including support for proprietary deal types, rapid deployment of new pricing functionality, the provision of a central repository for all of your organisation's positions and the ability to rapidly integrate third party Excel pricing functionality.

In addition, real-time feeds of any risk measure can be added to Excel with a simple click, allowing users to add risk measures into existing spreadsheets. Traders or risk managers are able to request or subscribe to active position servers and feed these results directly into Excel Pivot Tables - providing senior traders with the ability to monitor multiple positions with the click of a button.

Vendor Site:- Sungard