(Vocus) July 14, 2010
SunGard’s MarketMap real-time market data solution can now distribute Asian money market and fixed income data from Tullett Prebon, one of the world’s leading inter-dealer brokers. MarketMap customers will now be able to access and analyse Tullett Prebon data to support their investment decisions in Asia.
There is an emerging need for access to and analysis of Asian market data, as cross-market trading increases and more global financial firms seek investment opportunities in Asia. MarketMap can now offer customers access to this data, utilizing Software-as-a-Service* (SaaS) technology that provides rapid and flexible delivery of financial market data content to internal consumers and their clients. SunGard’s MarketMap helps improve efficiencies by integrating with firms’ trading engines, Web portals, back-office systems and other applications. The solution also provides usage monitoring via its administrative module SMART to help increase transparency into data costs.
Andrew Reeve, regional manager, Asia Pacific at Tullett Prebon Information, said, "Tullett Prebon Information’s proprietary pricing data, generated from Tullett Prebon’s global brokerage business is an invaluable content source for financial firms in their trading activities. SunGard's MarketMap is an excellent new distribution channel for our Asian market data that will help financial firms broaden their scope of investment activity in the region."
Yassine Brahim, president of SunGard's global trading business, said, "SunGard continuously enriches MarketMap content to meet the evolving needs of customers. The addition of Tullett Prebon data can help enhance our ability to provide cost-effective and flexible access to a new range of Asian market data for our global customers."
- SunGard Financial Systems is pursuing a visionary initiative to transform some of the key functionality of its core systems into components creating software-as-a-service (SaaS)-based solutions. Infinity uses a service-oriented architecture (SOA) development framework, offers a business process management platform (Infinity Process Platform) and a virtualized, on-demand delivery infrastructure.
About Tullett Prebon
Tullett Prebon (http://www.tullettprebon.com) is one of the world's largest inter-dealer brokers and operates as an intermediary in wholesale financial markets facilitating the trading activities of its clients, in particular commercial and investment banks. The business now covers seven major product groups: Volatility, Rates, Non Banking, Treasury, Energy and Commodities, Credit, and Equities. Tullett Prebon Electronic Broking offers electronic solutions to these products.
In addition to its brokerage services, Tullett Prebon offers a variety of market information services through its IDB Market Data division, Tullett Prebon Information. Tullett Prebon Information is one of the leading providers of independent real-time information from the global OTC financial and commodity markets.
Tullett Prebon has its principal offices in London, New Jersey, Hong Kong, Singapore and Tokyo, with other offices, joint ventures and affiliates in Bahrain, Bangkok, Calgary, Frankfurt, Jakarta, Luxembourg, Manila, Mumbai, Paris, Salt Lake City, Seoul, Shanghai, Sydney, Toronto, Warsaw and Zurich.
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.
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, visit http://www.sungard.com.
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