The new release of SunGard Global Trading front office solutions focus on three main themes: strengthening GL Stream features for listed derivatives trading, performance tuning and quality improvements.
The release by SunGard Global Trading of its Trading Solutions v9.1 is a continuation of the company’s strategy of continuously improving the quality, performance and functionality of its front office product line. This intention of this process is to ensure that SunGard Global Trading clients can benefit from the constant evolution of their trading solutions, which delivers the enhancements they require to remain competitive.
Initially, v9.1 is delivering improved direct market access (DMA) modules; the next phase, scheduled for Q2 2009, will deliver enhanced order management system (OMS) modules. The release impacts on most product components, with three strong themes running through it:
- Focus on extending and deepening the GL Stream suite’s support for listed derivatives markets
- Performance tuning (and, in some cases, radical leaps) across many products
- Quality improvements, aimed to improve stability, problem diagnosis and backup processes.
To take one product example, GL Stream Selector now provides, among other new functionality, a Delta Selector for coherent risk management of option trades and strategies together with futures, new permissioning capabilities, greatly increased scalability, improved hot recovery functionality, and a clearer audit trail.
Several new products are included in v9.1, including GL Tr@der, our thin-client derivatives trading station that is particularly suited to the needs of brokers who require a white-label solution for their clients. And for the derivatives brokerage front office the new GL Stream Allocation module provides full coverage of the allocation of trades across multiple client accounts.
These are just some of the powerful enhancements contained in v9.1. For more details, contact your SunGard Global Trading account manager, or visit http://www.gltrade.net.