Hong Kong (PRWEB) November 09, 2011
OSK Investment Bank Group (OSK), an Asian regional investment bank, has selected the SunGard Global Network (SGN Securities) to help it gain access to its overseas clients’ order flow, and SunGard's Valdi Order Management System and trading solutions to support its growing regional and international business. SunGard's solutions will help OSK collect orders from its clients and more efficiently manage and execute them on the Hong Kong, Singapore, Kuala Lumpur and Jakarta exchanges. OSK has also recently acquired a securities firm in Thailand and will soon deploy SunGard’s system for trades into the stock exchange of Thailand.
SunGard’s Valdi will help OSK increase the number and types of orders it can handle and provide its clients with an integrated regional trading system, while SunGard’s SGN Securities market data and order routing network will help it connect its regional offices to a large global trading community. SGN connects 2,000 asset managers and over 500 brokers, and connects to over 120 markets. The Valdi OMS will be managed by SunGard, helping OSK focus on its business and rely on SunGard for maintenance and upgrades.
John Lau, regional head of trading for OSK, said, “Because OSK is growing and attracting more institutional clients from all over the world, we decided to upgrade our systems to Valdi to help us handle more orders with higher levels of complexity. SunGard’s SGN and Valdi OMS will help us trade more efficiently in Hong Kong and across the ASEAN markets with a fully integrated system for both our regional and overseas clients.”
Raj Mahajan, president of SunGard’s global trading business, said, “With cross-border trading booming in Asia, being able to offer multi-market access to local and international investors is key. By using SGN and Valdi, OSK can provide the appropriate order collection, management and trading services to offer access to both Hong Kong and ASEAN markets. Delivering Valdi OMS as a managed service can help OSK further benefit from cost and operational efficiencies.”
About OSK Group
Established in 1963, OSK has experienced nearly five decades of positive growth. Over the years, OSK’s commitment and reputation for professionalism, integrity and innovation has enabled it to support and contribute to its client’s financial success.
Its experienced management team has helped steer OSK to becoming a regional investment banking group with a trusted brand name. The company’s strength lies in its core corporate values, which include putting the interest of its clients first and being responsive to the market’s changing needs. OSK’s client-focused approach embodies its commitment to integrity and professional excellence.
OSK now boasts of being a leading regional investment bank in ASEAN with, with an extensive network of over 3,500 professionals in more than 85 offices located across the region, in Malaysia, Singapore, Thailand, Indonesia, Cambodia, Hong Kong and with representative offices in Shanghai and Shenzhen in the PRC. OSK is also acknowledged as a leader in investment banking, research and securities trading for small and medium cap securities in ASEAN. It has won numerous awards in research, particularly in the small and medium cap space.
OSK’s parent company, OSK Holdings Berhad is a publicly listed company on Bursa Malaysia. The Group offers a wide range of financial products and services for corporate and retail clients, including Retail and Institutional Equities and Futures, Research, Corporate Finance, Equity Capital Markets, Debt Capital Markets, Treasury, Derivatives & Structured Products, Unit Trust Management, Asset Management, Trustee Services and Islamic Banking.
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. SGN helps automate the entire trade lifecycle, from order execution through to post-trade processing. It facilitates trading on over 120 markets worldwide and links more than 2,000 asset managers with over 530 brokers, as well as interconnecting with major third-party order-routing networks. SGN’s international connectivity hubs also support low-latency market data delivery from global markets. For more information, please visit http://www.sungard.com/sgn
About SunGard's Valdi
SunGard’s Valdi provides equities, futures, fixed income and options traders with multi-asset trading solutions on 170+ markets worldwide. Valdi global trading solutions support the entire trade lifecycle, including integrated trade and order management systems, execution services, market data, risk management, compliance, and clearing and settlement services. Also offering global connectivity via the SunGard Global Network (SGN), SunGard's Valdi helps customers achieve increased performance and low latency execution across multiple platforms, instruments and geographies. For more information, please visit http://www.sungard.com/valdi
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves more than 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, 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 of about $5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, please visit http://www.sungard.com
Trademark Information: SunGard, the SunGard logo, SGN 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.
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