Clive Capital LLP Implements SunGard’s Kiodex for Commodities Trading, Portfolio and Risk Management

SunGard (http://www.sungard.com) today announced that London-based hedge fund Clive Capital LLP (http://www.clivecapital.com) has implemented SunGard’s Kiodex Risk Workbench, a Web-based commodities risk management solution that integrates deal capture, valuation models, risk measurement, financial reporting and independent market data (www.sungard.com/kiodex).

Kiodex’s Software-as-a-Service (SaaS) delivery model helped Clive Capital LLP realize rapid time-to-market. Clive Capital LLP’s traders and risk managers use Kiodex for the firm’s new hedge fund business, focused primarily on exchange and over-the-counter (OTC) commodities trading. Kiodex also provides scenario analysis, trade capture, position keeping and risk management capabilities to help assess opportunities and control exposures.

Richard Boland, chief operating officer at Clive Capital LLP, said, “We selected Kiodex because of its proven commodities capabilities in the hedge fund space. Kiodex offered us the best alternative to be up and running quickly for trade capture and risk management in the commodities space. Kiodex’s reporting, data and models, delivered on a SaaS basis, help us to effectively manage, analyze and report our portfolio transactions and risk.”

Ben Jackson, chief operating officer of SunGard’s Kiodex business unit, said, “Clive Capital LLP is a prime example of SunGard’s ability to help a hedge fund launch rapidly and support that fund with commodity risk management. Kiodex helps hedge funds to implement best practice risk management by providing robust, commodity-specific pricing models, analytics, and independent market data. Kiodex helps hedge funds to identify, analyze and act upon opportunities quickly and securely in the highly volatile commodity trading environment.”

About Clive Capital LLP
Clive Capital LLP is a private fund management company, specializing in the trading of fundamental, discretionary, diversified commodity intensive portfolios. All commodity groups are traded including Global Energies, Base Metals, Precious Metals, Grains, Vegetable Oils, Agricultural Products, Soft Commodities, Meats and Exotics. Clive Capital LLP is based in London, United Kingdom and is authorised and regulated by the Financial Services Authority. Clive Capital LLP was formed as a limited liability partnership in England and Wales and currently has nine employees. Visit Clive Capital LLP at www.clivecapital.com.

Additional Information
Commodity Hedge Funds - Dealing with Liquidity, Market, Credit and Operational Risk

Liquidity Risk: How to Measure and Avoid It in a Commodity Portfolio

Is Mean Reversion Dead in the Crude Oil and Natural Gas Markets?

About Kiodex
A Web-based trading and risk management solution for commodities traders, Kiodex integrates deal capture and risk management capabilities with valuation models and independent market data. Banks, FCMs, hedge funds and corporations with exposure to commodity prices use Kiodex to help measure risk, design optimal hedging strategies, improve price execution, and comply with accounting best practices. Visit SunGard’s Kiodex at www.sungard.com/kiodex.

About SunGard
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 Kiodex 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.