SunGard Trading and Risk Systems, a subsidiary of financial IT group SunGard, has enhanced its compliance arm with the purchase of a competitor's system which specifically addresses the requirements of the Basle II regulatory regime, due to come into effect in 2006.

SunGard, which is one of the largest financial software specialists in the world, has been expanding its range of software for Basle II compliance expecting an increase in spending by financial institutions ahead of the regulatory deadline.