SunGard Launches New Derivatives Stream Gateways for SGX and EDX

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SunGard has launched two new Stream Gateways for the Singapore Exchange Limited (SGX) and the London Stock Exchange (EDX). SunGard’s Stream Gateways are a series of clearing gateways for listed derivatives markets. The new Stream Gateways will help SunGard customers improve clearing performance and efficiency on the SGX and EDX.

SunGard has launched two new Stream Gateways for the Singapore Exchange Limited (SGX) and the London Stock Exchange (EDX). SunGard’s Stream Gateways are a series of clearing gateways for listed derivatives markets. The new Stream Gateways will help SunGard customers improve clearing performance and efficiency on the SGX and EDX.

SunGard’s Stream Gateways are integrated with its post-trade derivatives processing solutions, including Stream Clearvision, Stream Ubix, Stream GMI and Stream Options Watch, which help customers improve performance and efficiency. Developed in Java and based on industry standards such as FIX messaging, SunGard’s Stream Gateways can be delivered in a number of different technical environments including Windows, UNIX and Linux. Leveraging a scalable architecture, multiple gateways can be installed for a single exchange to help support increased trading volumes.

At present, the EDX gateway has already been selected by eleven of SunGard’s customers and the SGX gateway has gone live with eleven customers.

Yassine Brahim, president of SunGard’s global trading business, said, “SunGard’s customers in the post-trade derivatives environment continue to face challenges in terms of scalability, performance and efficiency. The adoption of our new SGX and EDX Stream Gateways reflects the growing need for improved clearing performance and efficiency in the derivatives space, and mirrors the success of our TOCOM and OCC gateways. Stream Gateways were launched in June 2009 and five are now live for TOCOM, OCC, LME, SGX and EDX.”

About SunGard Global Trading
SunGard’s Global Trading business provides multi-asset, front- to back-office trading solutions for equities, fixed income, derivatives, FX and commodities on exchanges worldwide. These solutions support full lifecycle trading and trade processing activities including information services, market connectivity and order management that help improve trade efficiency and risk monitoring.

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.

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 six times. For more information, please visit SunGard at http://www.sungard.com.

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

Trademark Information: SunGard, the SunGard logo, Stream Clearvision, Stream Ubix, Stream Options Watch and Stream GMI 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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Toby West

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