Confederación Española de Cajas de Ahorros (CECA), the National Association of Spanish Savings Banks, will utilize SunGard’s FastVal Analytics to price and manage commodities and inflation over-the-counter (OTC) products. The solution will help CECA customers increase operational efficiency and accuracy when valuing commodities and inflation OTC derivatives as well as measuring market and counterparty risk.

CECA uses an integrated solution of FastVal Analytics and SunGard’s risk management solution Adaptiv. FastVal Analytics are derivatives pricing models used by international financial institutions for derivatives pricing and structuring, risk management, model validation as well as benchmarking.

Click here for the release from SunGard.