SunGard Expands Valdi Market Access to Incorporate Fixed Income Trading with EuroTLX
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London, 1st July 2010 – SunGard has extended its Valdi Market Access offering to provide financial firms with an ASP-based connectivity service to EuroTLX, an Italian-based European Multilateral Trading Facility (MTF) that specializes in fixed income trading.
The new service will be fully integrated with Valdi’s hosted smart order routing technology as well as ASP market access services to other fixed income venues, including Borsa Italiana’s MOT and Hi-MTF. With the service, SunGard’s Valdi Liquidity Solutions suite can help customers to better comply with best execution principles for fixed income trading – as it already does for European equities – making it a true multi-asset class offering.
Angela Fenwick, chief executive officer at EuroTLX, commented: “The development of smart order routing solutions in the fixed income arena, and their inclusion in the best execution policies of the majority of Italian banks, has allowed EuroTLX to become the principal trading venue in Europe for fixed income instruments targeted to non-professional investors. SunGard’s Valdi Market Access offering will help facilitate greater access to our marketplace and consequently should help us grow our business.”
Yassine Brahim, president of SunGard’s global trading business, commented: “Post-credit crisis, there is increasing interest in fixed income trading in Europe. Trading firms now require greater access to fixed income marketplaces and multi-asset solutions. One of the key challenges in capturing liquidity is to determine which liquidity pools to trade on. SunGard’s Valdi Market Access is an efficient and cost-effective solution that helps trading firms with connectivity and smart order routing to new trading venues, including fixed income MTFs.”
About EuroTLX
Based in Milan, EuroTLX is the first fixed income market in Europe focused on retail investors, where it is possible to trade more than 3,200 securities, the majority of which are fixed income instruments (government, banking, corporate, financial, emerging markets and supranational bonds), with a selection of investment certificates and American and European equities. Liquidity is provided by the hybrid microstructure of the market, order & quote driven. Every day circa 15,000 trades are executed on EuroTLX with a value of more than €400 million. For more information on EuroTLX, on the traded securities and on the services offered to brokers: www.eurotlx.com.
About SunGard’s Valdi
SunGard’s Valdi provides equities, futures, fixed income and options traders with multi-asset, front-to-back trading and risk management solutions on 110 markets worldwide. SunGard’s Valdi global trading solutions support the entire trade lifecycle including integrated trade and order management systems, execution services, risk management, compliance, and clearing and settlement services. With connectivity via SunGard’s global network, SunGard’s global trading solutions help customers achieve increased performance, low latency and execution across multiple platforms, instruments and geographies.
About SunGard
SunGard is one of the world’s leading software and technology services companies. It has more than 20,000 employees and serves 25,000 customers in 70 countries, providing software and processing solutions for financial services, higher education and the public sector. SunGard also delivers disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, please visit www.sungard.com.
Trademark Information: SunGard, the SunGard logo and Valdi 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.
Trade execution and clearing services in UK and Europe are provided by SunGard Global Execution Services Limited – Authorized and Regulated by the Financial Services Authority * Registered in England and Wales No. 3127109 * Registered Office: 25 Canada Square, London E14 5LQ.
US Brokerage products and services provided by Assent, LLC, member FINRA/SIPC
Winterflood Securities Goes Live with SunGard’s SGN Securities for Order Collection on European Equity Markets
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London, 28th June, 2010 – UK brokerage firm Winterflood Securities has gone live on the SunGard Global Network (SGN) low-latency market data and order routing network, SGN Securities, to gain access to its clients’ order flow generated on SunGard’s systems.
As part of an initiative to expand its equity business and trading services, Winterflood was looking for a solution to enhance its geographic and product reach. SGN Securities will help Winterflood’s local and international clients using SunGard’s trading platforms to route orders directly to exchanges, helping to improve execution speed and order management.
Philip Yarrow, director of electronic trading at Winterflood Securities, said, “Connecting to the SunGard Global Network was a natural choice for Winterflood as it helps us to expand our electronic execution services and therefore meet the demands of a wider global audience. For example, we have experienced increasing demand from both new and existing clients in the US to access our products and services electronically, whether for low-touch direct market access (DMA) to Europe or high-touch care orders managed by our dedicated sales traders. We are pleased to become part of the SGN community.”
Yassine Brahim, president of SunGard’s global trading business, commented, “SunGard continues to work with specialist brokers like Winterflood to build long-term relationships that help them achieve their business goals with global connectivity via our network. Using the order collection services of SGN Securities, Winterflood is able to provide our mutual clients with increased access to liquidity on UK and other European markets.”
About Winterflood Securities
Winterflood Securities is an international capital markets firm committed to efficient and responsive liquidity provision. It employs classic trading values and sophisticated modern technology to deliver a range of highly flexible execution services custom designed for each of its clients.
Making markets in pan-European securities, Winterflood is one of the leading liquidity providers in London. Its team of approximately 100 traders brings a wealth of experience and commitment to market making, offering brokers, asset managers and institutional investors over 10,000 tradable instruments including all UK, European and North American equities, together with investment trusts, ETPs, Gilts and bonds. Winterflood provides low-latency integrated electronic trading platforms that allow immediate access to internal liquidity, FIX order routing directly to exchange order books and MTFs, and dedicated sales trading services for managed orders.
For more information, please contact winner@wins.co.uk
About the SunGard Global Network (SGN)
A trade automation and connectivity solution, the SunGard Global Network links institutions throughout the financial services value chain, offering services for equities, fixed income, listed derivatives, mutual funds, money market funds and other cash equivalents. The SunGard Global Network helps automate the entire trade lifecycle from order execution through to post-trade processing. It provides access to 110 markets worldwide and connects the buy-side, third party networks, broker/dealers and investment companies, including more than 2,000 asset managers and 500 broker connections. Its international connectivity hubs also support low-latency market data delivery from global markets.
About SunGard
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, please visit www.sungard.com.
Trademark Information: SunGard, the SunGard logo and the SunGard Global Network 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.
Mentum Goes Live with SunGard’s Stream Clearvision and Stream Ubix for Allocation and Reporting Operations on Commodities
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London, UK – 22nd June 2010 – Mentum, an international asset management company, has gone live with SunGard’s Stream Clearvision middle-office matching and allocation system and SunGard’s Stream Ubix back-office system for listed derivatives in a hosted, application service provider (ASP) environment. Mentum uses these integrated SunGard solutions to automate clearing and reporting processes for trades undertaken on several commodity exchanges, including the London Metal Exchange (LME).
Together, SunGard’s Stream Clearvision and Stream Ubix solutions help Mentum automate middle- and back-office processing of group and investor activity. The combined platform also helps Mentum validate the reconciliation of its cleared orders and ensure the accuracy of fees applied to trades. Finally, the solutions help Mentum enhance its client reporting processes.
Danny Chart, chief operating officer at Mentum, said, “Thanks to SunGard’s Stream Clearvision and Stream Ubix solutions, our investors will be given accurate and timely reporting information. The systems’ integrated functionality helps us optimize the processing and management of our managed account products, and will also help us in the future as our business evolves. Outsourcing our IT infrastructure helps us increase our efficiency, reduce our maintenance costs and focus on our trading activities and risk management responsibilities.”
Yassine Brahim, president of SunGard’s global trading business, said, “SunGard continues to expand its Stream Clearvision and Stream Ubix capabilities to help provide financial institutions with more instrument and market compatibility. Our post-trade solutions are proven to assist brokers as well as asset managers such as Mentum with the automation of clearing and settlement processes for commodity trading on LME and other commodity exchanges. In addition, our hosting services help firms focus their resources and time on their core businesses.”
About Mentum
Mentum LLP is an asset management company based in London (UK) specialising in trading managed futures accounts across commodity classes with an initial focus on listed base metals and energy derivatives. Utilising group seed capital Mentum has been trading the investment products since August 2009. The Mentum Managed Futures Accounts are now available for investor participation. Mentum LLP (formerly AMCO Commodities LLP) was incorporated in 2005 and was acquired by Commoditrade Inc (an AIM listed company) in February 2009. Mentum LLP is authorised and regulated by Financial Services Authority (UK) (registration No: 436248)
About SunGard’s Stream Clearvision
Stream Clearvision is an automated real-time middle-office matching and clearing system for derivatives providing straight-through processing between front-office, exchange and back-office systems.
About SunGard’s Stream Ubix
Stream Ubix is a derivatives back-office system covering exchanges. Based on an open architecture, it offers comprehensive back-office features from margining to commission management and provides time-zone independent processing.
About SunGard
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, please visit SunGard at www.sungard.com.
Trademark Information: SunGard, the SunGard logo, Stream Clearvision and Stream Ubix 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.
For more information, please contact:
Marianne Quentin, PR & Communications Executive
SunGard global trading business
Tel: + 33 (0) 153 404 398
Email: marianne.quentin@sungard.com
IXE Goes Live on the SunGard Global Network
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New York, NY – June 21st, 2010 – IXE Financial Group, one of Mexico’s largest broker dealers on the Bolsa Mexicana de Valores (BMV), through SunGard’s GL Win, (SunGard’s multi-asset trading station that provides enhanced order types on the BMV) will have connectivity to the SunGard Global Network (SGN Securities) (“SGN”). SGN accesses 2,000 financial institutions and 110 markets world-wide. SGN provides order routing for equities, fixed income and listed derivatives, and assists in automating the entire trade lifecycle. IXE is also the first SunGard customer in Mexico to use SunGard’s GL Tactics, an algorithmic and automated trading solution, which it uses through its implementation of GL Win. SunGard’s expanded global connectivity and execution solutions will help IXE provide reliable, low latency technology to its sell- and buy-side clients, helping them access more liquidity.
It is essential for broker dealers to have access to an extensive and secure transaction network as well as competitive execution services to help them achieve global growth and capture liquidity. IXE’s expanded relationship with SunGard will help it trade globally using SGN and execute electronically with GL Tactics. SunGard provides IXE with a stable network that reaches desktops around the world. GL Tactics provides the ability for IXE to create, deploy and execute trading strategies and algorithms such as TWAP, VWAP, and Percent Volume to help its clients competitively access and quickly execute trades.
Carlos Manuel Ramírez Cervera, director of electronic services, IXE, said, “SGN is IXE’s preferred connectivity option because it is a secure global network with international private lines dedicated exclusively to market data and order routing. We also appreciate SunGard’s eagerness and timeliness in customizing GL Tactics, helping us provide our clients with enhanced order types for trading on the BMV. We are excited about these new capabilities as they are supported by experienced customer service teams that also have deep local expertise.”
Raj Mahajan, president of SunGard’s trading business, said “SunGard is dedicated to helping IXE efficiently access more liquidity, by providing enhanced order types and algorithms, and by helping expand its network of broker/dealer firms executing on the BMV. Customizing and developing unique order types and being connected to SGN helps IXE competitively execute in markets like Hong Kong and the US, helping it find revenue opportunities and lower costs through a single provider.”
About SunGard Global Network
A trade automation and connectivity solution, the SunGard Global Network links institutions throughout the financial services value chain, offering services for equities, fixed income, listed derivatives, mutual funds, money market funds and other cash equivalents. The SunGard Global Network helps automate the entire trade lifecycle from order execution through to post-trade processing. It provides access to 110 markets worldwide and connects the buy-side, third party networks, broker/dealers and investment companies, including 2,000 asset managers and 500 broker connections. Its international connectivity hubs also support low-latency market data delivery from global markets.
About SunGard
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company.
SGN Brokerage Services offered in the United States and Canada are provided by SunGard Institutional Brokerage Inc., Member FINRA/SIPC
SGN Brokerage Services offered throughout Europe, the Middle East, Africa and Asia Pacific are provided by SunGard Global Execution Services Limited which is authorized and regulated by the Financial Services Authority, No. 469919 • Incorporated and registered in England and Wales No. 3127109 • Registered Office: 25 Canada Square, London E14 5LQ.
SunGard Global Execution Services Limited (ARBN No. 132 508 742) is exempted from licensing under Australia Securities & Investments Commission Class Order 03/1099 and is regulated by the Financial Services Authority under UK laws, which differ from Australian laws.
Trademark Information: SunGard, the SunGard logo, GL Win and GL Tactics 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.
Exchange Pulse Goes Live with SunGard’s MarketMap to Provide Real-Time, Global Pricing Data to Brokers and Traders
New York, NY – June 14, 2010 – Exchange Pulse, a Web-based source for prices, news and information for the sustainability industry, is using SunGard’s MarketMap (formerly Fame) to provide real-time U.S. and European commodity, currency and equity pricing data to Exchange Pulse’s brokers and individual traders via the company’s Web site.
Exchange Pulse needed a global, real-time data solution that offered the product and geographical coverage that its niche clients required for both simple and sophisticated data viewing and analysis. SunGard’s MarketMap Feed provides real-time, global exchange and market data designed for integration into dynamic applications, user desktops, Web sites, databases and calculation engines. MarketMap Feed helps Exchange Pulse manage multiple data sources and individual datafeeds, as well as deliver custom data specific to the unique needs of each user. In addition, MarketMap provides Exchange Pulse with the ability to integrate data through MarketMap Components, a set of tools for integrating MarketMap’s data into Web sites, Web-based applications, or internal client and server applications.
Jonathan Nutter, chief executive officer at Exchange Pulse, said, “SunGard’s MarketMap gives us the ability to more effectively deliver on our mission: to help our clients spend less time looking for information and more time using it. MarketMap Feed provides the real-time speed that brokers and traders demand, the flexibility to use only the data that we require to maximize cost efficiencies, and the ability to expand our business as we enhance our scope of service offerings.”
Gerry Murphy, president of SunGard’s brokerage and clearance business, said, “Historically, investment banks, portfolio managers and other financial service companies have used MarketMap Feed for pricing data, from the full universe to specific sets of data. Today, MarketMap Feed is stepping in to help a new generation of Web-based companies display and broadcast real-time data on their Web sites while helping to support their business models for growth.”
About Exchange Pulse
Exchange Pulse is an affordable, cutting edge, Web-based source for finding up-to-the-second future quotes, news, and information for leading metal and energy markets. Exchange Pulse provides a variety of businesses in the sustainability industry with loads of tools and resources to aid in making crucial purchasing decisions. The many customization-based features and prices distinguish Exchange Pulse from the competition and allow users to experience the ultimate in efficiency. Complete with a mobile site, market alerts, and advanced data manipulation tools, Exchange Pulse provides confidence to subscribing financial professionals worldwide to always be ahead of the trend. For more information, visit www.exchangepulse.com.
About SunGard’s MarketMap
MarketMap provides the buy side and the sell side with financial market data, news, analysis, financial calculators and improved decision tools. Rapidly deployed and available on an ASP basis, MarketMap offers intuitive ease-of-use and is optimized for rapid navigation between multiple market views or workspaces. It is supplied with SMART (Subscriber Management And Reporting Tool), an integrated permissioning system, which allows users to monitor and control data costs in real-time.
About SunGard
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company.
Trademark Information: SunGard, the SunGard logo, MarketMap and Fame 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.
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