SunGard To Launch Compliance and Surveillance Software

SunGard plans to deliver a converged compliance and surveillance solution based on SunGard’s Synapse and BrokerAudit solutions. Synapse and BrokerAudit help brokerages, banks and insurance companies to analyze the quality of supervision and practice, profile client needs, determine appropriate client recommendations, automate field audits, and respond quickly to both regulatory and legislative challenges. SunGard plans to launch the combined solution in the first quarter of 2006. Specifically, the solution will offer a new compliance dashboard that provides a holistic view of trades, exceptions and flags for a particular jurisdiction. It will also offer a combined and expanded rules set and a consolidated, interactive trade blotter. There will also be an improved risk rank evaluation and auditing at the rep, branch and firm level. The solution will also offer enhanced anti-money laundering (AML) and ad hoc reporting capabilities as well as an increased flexibility for additional platforms and business analyst control.


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