New York, NY, March 06, 2008 --(PR.com
)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences, has announced today that SunGard, a global leader in software and processing solutions for financial services, higher education and the public sector, will be a key sponsor at its upcoming teleconference entitled: “Liquidity Risk Management.”
Leonard Matz, director of liquidity and interest rate risk consulting at SunGard’s BancWare business unit, will be representing SunGard on the 2-hour broadcasted live teleconference. This 2-hour event is scheduled for March 6, 2008, Thursday, at 1:00 PM - 3:30 PM EST. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2008_lrm.html)
Mr. Matz specializes in risk management and ALM for financial institutions. Before joining SunGard, he spent five years as a bank examiner and fifteen years in various bank management positions. Mr. Matz is also an author or co-author of numerous risk management and investment books and is a frequent speaker at industry conferences and training programs around the world.
As a result of the subprime sector meltdown and the subsequent credit crunch, banks must now increase supervision of liquidity risk and provide an increased level of transparency to auditors and the public. Banks all over the world are increasingly becoming more concerned over this issue. There are many important factors that banks and financial institutions must consider when developing effective Liquidity Risk Management policies including: management structures, monitoring net finding requirements, emergency planning, foreign currency, internal controls and public disclosure to name a few.
The Knowledge Congress has assembled a panel of experts to help banks tackle the issue of Liquidity Risk Management in today’s challenging business environment. The panel will present their findings, which include “Best Practices” in this 2-hour teleconference.
The Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact or to register to an event, please visit: www.knowledgecongress.org.
About SunGard’s BancWare
A solution suite for integrated risk and performance management, BancWare is used by banks, mortgage and credit lenders and other financial services institutions. Designed for finance professionals, BancWare’s modular software and consulting solutions for asset/liability management, budgeting and planning, profitability, economic capital, operational risk and Basel II compliance provide a unified view of risk to help improve capital management, and assist in better decision making at all levels of the organization.
With annual revenue exceeding $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world’s 50 largest financial services companies. Visit SunGard at www.sungard.com.
Trademark Information: SunGard, the SunGard logo and BancWare are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders. For more information, visit www.sungard.com.