Jersey City, NJ (PRWEB) April 18, 2011
Greywolf Execution Partners, Inc, a NYSE Euronext Member trading firm, has selected SunGard’s Valdi Order Management System (OMS), Valdi Liquidity Solutions, MarketMap and SunGard Global Network (SGN) for its institutional trading business. Greywolf chose SunGard to help simplify and manage its trade lifecycle across multiple platforms, creating trading and operational efficiencies.
SunGard’s global trading solutions will help Greywolf enter new markets and trade new asset classes more quickly and easily and find new revenue opportunities. SunGard will also help Greywolf increase speed of execution with a more streamlined trade lifecycle. Greywolf Execution Partners has also signed up for the Valdi Shares Reward Program, which provides non-fiduciary sell-side firms with the ability to earn credits toward technology fees and reduce their overall technology costs when executing or clearing trades through SunGard's Valdi Liquidity Solutions.
In order to be competitive in today’s trading environment, trading firms need to be first to new market opportunities and to modify their technology infrastructures for fast deployment. SunGard offers customers an agile and reliable framework that helps them trade multiple asset classes and currencies from one trading screen. SunGard’s Valdi Liquidity Solutions are tightly integrated into the Valdi OMS, helping decrease time to market. SGN Securities provides connectivity to global markets reaching over 1,600 buy-side firms and more than 500 liquidity providers through a single broker-neutral platform. To help meet its global market data needs, Greywolf will also use SunGard’s MarketMap, which provides flexible access to cost- effective, high quality global market and fundamental data, charting, and news, as an integrated package within Valdi.
Christopher. Martin, president of Greywolf Execution Partners, Inc, said, “Our goal is to provide our customers with a consultative approach to trading. We are able to do this because our firm has years of market experience and we are located on the floor of the NYSE. SunGard’s Valdi and MarketMap solutions, and the SunGard Global Network will help us grow our business by helping us effectively manage and execute trades and broaden our reach into new asset classes and markets.”
Raj Mahajan, president of SunGard’s global trading business, said, “We provide a 360 degree approach to trading that creates economies of scale and cost savings for our customers. Our solutions assist our customers in growing their business by helping them expand into new markets, and to execute more volume through our competitive execution services. We also help our customers gain economies of scale by working with a single vendor and by participating in Valdi Shares Rewards.”
About SunGard’s Solutions for Global Trading
SunGard's global trading solutions help buy- and sell-side firms manage the entire trade lifecycle across multiple platforms, asset classes and markets. SunGard provides equities, futures, fixed income, options and energy traders with trading, risk management, compliance and surveillance solutions for increased performance and execution. Linking buy-side firms to brokers, SunGard provides a single, broker-neutral platform for access to electronic markets, including major ECNs and dark pools, while supporting low latency market data delivery. For more information, visit http://www.sungard.com/globaltrading
About SunGard’s MarketMap
SunGard’s MarketMap suite of front-to-back global market data solutions help customers support growth opportunities while managing costs associated with market data. MarketMap provides lightweight market data applications, customizable web components and data feeds, and seamless integration with other SunGard solutions. With data delivered through the SunGard Global Network (SGN) and enriched by best of breed third party sources, MarketMap provides the full breadth of decision support needed for trading, research, risk management, portfolio management and advisory functions within financial institutions, while its sophisticated usage reports help monitor and control data costs in real time. In addition, MarketMap offers an integrated historical database solution for real-time and high-volume time series data and tools to help firms analyze investment results and opportunities, and distribute real-time intra-day content via Web sites and software applications.
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 of about $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, please visit http://www.sungard.com.
Trademark Information: SunGard, the SunGard logo, SunGard Global Network, MarktetMap, Valdi and Valdi OMS 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.
Valdi Brokerage Services offered in the United States and Canada are provided by Assent LLC, Member NYSE & other Principal Exchanges / SIPC.
SGN Brokerage Services offered in the United States are provided by SunGard Institutional Brokerage Inc., Member FINRA / SIPC.
Valdi Execution Services and SGN Brokerage Services offered throughout Europe, the Middle East, Africa and Asia Pacific are provided by SunGard Global Execution Services Limited which is authorised and regulated by the Financial Services Authority, No. 469919 . Incorporated and registered in England and Wales No. 3127109 . Registered Office: 25 Canada Square, London E14 5LQ.
SunGard Global Execution Services Limited (ARBN No. 132 508 742) is exempted from licensing under Australia Securities & Investments Commission Class Order 03/1099 and is regulated by the Financial Services Authority under UK laws, which differ from Australian laws.