Jersey City, NJ (PRWEB) April 25, 2011
SunGard has launched an ultra low latency, real-time order validation engine, Valdi Order Validator, to help meet the needs of brokers offering sponsored access (SPA) or direct market access (DMA) solutions. Valdi Order Validator provides customers with a risk control platform that helps manage risk without compromising speed. It is a distributed system, providing a centralized view of trading activity and control over multiple routes and access points, supporting collocation at several venues and exchanges.
As electronic trading increases and new regulations are being put into place, brokerage firms require effective risk systems to help them process complex information and comply with regulations. Valdi Order Validator helps broker-dealers and clearing firms monitor and manage trading exposure in real-time to help prevent potential violations of trading limits and position exposure.
Larry Tabb, founder and chief executive officer of Tabb Group, said, “Regulatory rule changes will affect sponsoring and executing brokers by limiting their ability to delegate controls to other parties, requiring them to provide real-time order-level checking. As a result, trading firms will benefit from a provider that offers all of the trading tools needed to manage, execute and clear trades as well as provide real-time risk management. This approach will help firms achieve real-time order-level checking while streamlining the trading lifecycle.”
Raj Mahajan, president of SunGard’s global trading business, said, “Regulatory changes are occurring rapidly and SunGard is committed to helping customers maximize their ability to manage risk. With Valdi Order Validator, SunGard is helping customers protect their firms by effectively monitoring their order flow and by providing a single view across all clients trading activity in a real-time controllable environment.”
About SunGard’s Valdi
SunGard’s Valdi provides equities, futures, fixed income and options traders with multi-asset and risk management solutions on 130+ markets worldwide. Valdi global trading solutions support the entire trade lifecycle including integrated trade and order management systems, execution services, risk management, compliance, and clearing and settlement services. Through connectivity via the SunGard Global Network (SGN), SunGard's global trading solutions help customers achieve increased performance, low latency and execution across multiple platforms, instruments and geographies.
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.
Trademark Information: SunGard, the SunGard logo, 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.