R.F. Lafferty Selects SunGard's Brass OMS and Protegent Trading Compliance Solutions

RF Lafferty, a retail and institutional brokerage firm, has gone live less than three weeks after selecting SunGard’s Brass order management system (OMS) and Protegent Trading Compliance solution using SunGard’s ASP virtual server delivery option.

New York, NY (Vocus) May 4, 2009 -- RF Lafferty, a retail and institutional brokerage firm, has gone live less than three weeks after selecting SunGard’s Brass order management system (OMS) and Protegent Trading Compliance solution using SunGard’s ASP virtual server delivery option.

SunGard’s Brass OMS provides an enterprise-wide direct market access and market making toolset along with a suite of automation, reporting and compliance tools. Broker-dealers can connect to global trading destinations through SunGard’s networks, which provide access to 120 markets worldwide. The ASP virtual server option that R.F. Lafferty selected will help the firm reduce infrastructure, implementation time and maintenance costs. It uses business critical, virtual infrastructure technologies with no hardware requirements, providing customers with go-live capability in three to four weeks, on average.

R.F. Lafferty will use Protegent’s best execution module for Reg NMS 605 and 606 reporting. It will help R.F. Lafferty to monitor its best execution obligations, make more informed routing decisions, and analyze its execution quality. Protegent’s suite of solutions helps financial institutions streamline the compliance process, monitor trades, and grow by soliciting a greater order flow.

Andrew Hackel, managing director at R.F. Lafferty, said, “We wanted trader-oriented technology with robust compliance functionality and SunGard’s Brass was the unanimous winner among our traders. SunGard’s ability to help us extend our reach globally is just one of the ways it is helping us grow revenue while cutting costs.”

Raj Mahajan, president of SunGard’s trading business, said, “We are pleased to offer R.F. Lafferty a cost-effective ‘all in one’ solution for its growing business. SunGard’s Brass OMS and Protegent compliance solutions help R.F. Lafferty to offer its traders a customizable platform to help them increase revenue while applying best practices to protect the assets of the firm. Our breadth of solutions touches all aspects of the trade, helping us to meet our customers’ comprehensive needs in a cost effective manner.”

About SunGard’s Brass

An integrated trade and order management solution suite supporting Nasdaq, listed, listed market making and sales trading, Brass serves market makers, institutional brokers and traders working in a variety of roles. The suite includes a trade order management system; a set of direct market access tools as well as solutions for automated indications of interest and advertised trades; trade matching; and compliance analysis and reporting. The Brass solution also includes a suite of liquidity management tools for both the buy- and sell-side, including smart order routing, dark aggregation, broker-sponsored access and customizable algorithms. Brass facilitates trade execution through connectivity with the buy-side community via SunGard Transaction Network, through links with major back-office clearing firms, and through direct access to all major domestic exchanges and trading destinations.

About SunGard’s Protegent

SunGard’s Protegent solutions for compliance, suitability and new account opening help retail and institutional investment firms oversee business processes relating to client acquisition and suitability, including Know Your Customer and OFAC list checking, as well as employees’ personal trading and code of ethics, while helping reduce expenses and address regulatory requirements. Protegent supports supervision and practice, helps streamline the compliance life cycle, proactively monitors trades and provides comprehensive auditing and reporting.

About SunGard

SunGard is one of the world’s leading software and IT services companies. SunGard serves more than 25,000 customers in more than 70 countries, including the world’s 25 largest financial services companies.

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 435 on the Fortune 500 and is the largest privately held business software and services company on the Forbes list of private businesses. Based on information compiled by Datamonitor*, SunGard is the third largest provider of business applications software after Oracle and SAP. Continuity, Insurance & Risk has recognized SunGard as service provider of the year an unprecedented five times. For more information, please visit SunGard at www.sungard.com.

*January 2009 Technology Vendors Financial Database Tracker http://www.datamonitor.com

Trademark Information: SunGard, the SunGard logo, Brass, Protegent and the SunGard Transaction 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.

For more information please contact:

Adriana Senior

SunGard

Tel: +1 718-578-1130

###