Fiserv IPS-Sendero, a business unit of Fiserv, Inc., a provider of information technology services to the financial industry, and a provider of risk and value management applications to financial institutions worldwide, has been ranked as a top three Asset/Liability management (ALM) technology provider in the annual 2008 Risk Magazine Risk Technology Rankings survey, announced in December.
The rankings are determined by risk management software end users who select the vendors that provide the best product offering across a number of different categories, including enterprise-wide risk management, risk capital calculation, front-to-back office trading systems and pricing and analytics. Those polled were also asked to base their votes on functionality, usability, performance, return on investment and reliability.
End users have become more discerning in the current competitive climate, says Charles Rowland, managing director, international operations for Fiserv IPS-Sendero. This ranking demonstrates end user confidence in our solutions as well as our stability as a vendor.
Fiserv IPS-Senderos ALM solutions have been used by financial institutions for more than 25 years, and today serve more than 900 customers globally. The company was also recently recognized as a pioneer in the credit risk space, when it was cited by Credit magazine as a 2008 technology innovation awards winner.
D.C.