SINGAPORE, Oct. 12, 2011 /PRNewswire/ -- Energy Risk has named SunGard "Software House of the Year" in its Energy Risk Asia Awards 2011. Award winners were determined by the Energy Risk editorial team and two 'expert advisors' from within the industry. Winners were selected for their substantial accomplishments in the energy industry in the areas of financial services, risk management, trading and technology. This award comes six months after customers named SunGard "Top Vendor" in Energy Risk's "2011 Software Survey Rankings".
Stella Farrington, editor of Energy Risk magazine, said, "There is fierce competition for this award and SunGard wins it for the second year in a row due to its impressive list of new customers and its strong and diverse range of energy risk management solutions that are being used by some of the biggest energy firms and financial institutions in the region."
Roderick Austin, managing director of SunGard's energy and commodities business, said, "We recognize that organizations in the energy business require technology that is agile to help them quickly adapt to market and regulatory changes. The industry in Asia Pacific is experiencing rapid change, and this award is proof that SunGard's solutions and strategy are helping customers in this region capitalize on that change."
About SunGard's Energy and Commodities Solutions
SunGard's energy and commodities solutions help energy companies, corporate hedgers, hedge funds and financial services firms to compete efficiently in global energy and commodities markets by streamlining and integrating the trading, risk management and operations of physical commodities and their associated financial instruments. Through real-time data, connectivity and analysis, SunGard's energy and commodities solutions help customers achieve transparency and regulatory compliance, address end-to-end transaction and operational lifecycles, and meet time-to-market needs with flexible deployment options. For more information, visit www.sungard.com/energyandcommodities.
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves more than 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, visit www.sungard.com.
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