SunGard has added a real-time position and margin monitoring component to its Kiodex Real Time commodities risk management program, delivered on a software-as-as-server basis.

The new component, Kiodex Control, is designed to help organizations monitor position limits and margin in real-time, providing alerts when one or more user-established thresholds is approached or exceeded, according to SunGard. It can also run “what if” scenarios, using real-time data to test hypothetical scenarios.

Users of the software can set one or more alerts to warn of an approaching limit, and in this way be prompted to remain in compliance with legal limits and risk parameters, SunGard said in a statement.

The Kiodex software is used by traders, hedge funds and corporations with exposure to commodity prices as a way of measuring risk, designing hedging strategies, and complying with accounting best practices.