SunGard has released a new version of FastVal, its valuation service for vanilla cash and complex structured products and OTC derivatives. SunGard's FastVal 3.0 is designed to provide financial institutions with transparency of the models and underlying market data used in the valuation, as well as enhanced Greeks, greater functionality in the running of intra-day valuations, and coverage of market data across a multitude of securities. The system is delivered on an application service provider basis.