Fortis Uses SunGard's Adaptiv for Real-time Credit Exposure Calculati

    Business Editors

    NEW YORK--(BUSINESS WIRE)--Feb. 16, 2005--SunGard Trading and Risk Systems, an operating group of SunGard (NYSE:SDS), today announced that the Merchant Banking division of Fortis Bank is using SunGard's Adaptiv Risk to manage its global counterparty credit risk exposures and limits in real time. Adaptiv helps Fortis to improve transparency, operational efficiency and capital utilization.
    Adaptiv processes over 5,000 trades per day and over 15,000 limits across a range of portfolios for more than 5,200 counterparties. With up to 100,000 deals per month passing through the system for pre-deal limit checking, exposure measurement and limits updates, violation management and credit risk reporting, Adaptiv plays an integral role in helping the bank to manage its credit risk exposure efficiently. Adaptiv is a hosted by SunGard Availability Services, which provides business continuity services.
    Several hundred users log on to Adaptiv on an ASP basis from Hong Kong, Taipei, New York, Singapore, Amsterdam, Warsaw, Krakow, Luxembourg, Brussels and London, creating an integrated, global view of Merchant Banking's credit portfolio.
    Charles Courouble, head of risk, Fortis Merchant Banking, said, "SunGard has proved to be a solid and reliable partner for us. We are delighted with the support we have received throughout the implementation, a significant project with more than 1,500 days of professional services work over a 14 month period. Our live date milestone was achieved on time and on budget, a testament to the quality and dedication of SunGard's as well as Fortis' staff. Adaptiv now helps us to automate and streamline processes, and to better manage and control our credit policies while helping reduce operating costs and minimizing unfunded risk."
    Juerg Hunziker, president of SunGard's Trading and Risk operating unit, said, "Adaptiv is a modern approach to credit risk management that helps clients to implement consistent and global credit risk management processes and measurement methodologies in order to help reduce risk management costs, improve transparency, expand business opportunities without increasing limits and help reduce total portfolio risk."

    About Fortis

    Fortis is an integrated financial services provider active in the fields of banking and insurance. With a market capitalization of EUR 26.4 billion (31/12/2004) and around 52,000 employees, Fortis ranks in the top 20 European financial institutions. In its home market, the Benelux countries, Fortis occupies a leading position which it aims to develop and bolster. Fortis is drawing on the expertise it has acquired in its home market to realize its European ambitions via growth platforms. Fortis also operates successfully worldwide in selected activities. In specific countries in Europe and Asia it effectively exploits its know-how and experience in bancassurance. Fortis is listed on the exchanges of Amsterdam, Brussels and Luxembourg and has a sponsored ADR programme in the United States. Visit Fortis at www.fortis.com.
    At Fortis Bank the Merchant Banking division manages the global relationships with banks, institutional investors and large international corporate accounts. Merchant Banking offers a wide selection of financial products, advisory services and other tailor-made solutions. For more details visit www.merchantbanking.fortis.com.

    About SunGard Trading and Risk Systems

    SunGard Trading and Risk Systems provides integrated, enterprise-wide solutions for financial trading, risk management and operations, as well as asset liability management and financial planning and forecasting. Serving over 900 clients, it offers Web-enabled solutions for achieving straight-through processing, and for managing market, credit and operational risk. Clients include financial institutions, government agencies and corporations of every size, geographical reach and operational complexity. SunGard Trading and Risk Systems also offers systems integration, project management and consulting services.

    About SunGard

    SunGard is a global leader in integrated software and processing solutions, primarily for financial services. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 20,000 customers in more than 50 countries, including the world's 50 largest financial services companies. SunGard (NYSE:SDS) is a member of the S&P 500 and has annual revenue of $3 billion. Visit www.sungard.com

    Trademark Information: SunGard, the SunGard logo and Adaptiv are trademarks or registered trademarks of SunGard Data Systems Inc. in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

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CONTACT: SunGard Adriana Senior Tel: +1 914 953 5398 Fax: +1 212 223 0220 Email: adriana.senior@risk.sungard.com

KEYWORD: NEW YORK INDUSTRY KEYWORD: HARDWARE COMPUTERS/ELECTRONICS BANKING SOFTWARE MARKETING AGREEMENTS SOURCE: SunGard

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