New York, NY (PRWEB) June 20, 2011
SunGard has introduced SGN MatchMaker to US trading customers on the SunGard Global Network (SGN). SGN MatchMaker is an on-boarding tool that helps improve the delivery of SGN services, which includes multi-asset order-routing capabilities for institutional asset managers, hedge funds and broker dealers globally, connecting over 1,600 buy-side firms to more than 500 liquidity providers through its single broker-neutral platform.
SGN MatchMaker will help customers in the US automate network connectivity requests and gain visibility into the authorization process and connection status. SGN MatchMaker is already used today by SGN customers in Europe, Africa and Asia. All SGN Securities customers, whether buy-side order flow contributors or sell-side providers of brokerage and algorithmic trading services, will now have access to a single service for their global on-boarding requirements.
Peter Squire, head of ICT Operations, at KBC Securities, said, “The SunGard Global Network gives KBC Securities worldwide business reach by providing the ability to collect order flows from our global clients and easily reach brokers who trade remote markets for us.”
Daniel Mendes, equity derivatives sales, BBVA Global Markets, said, “SunGard has proved to be our best partner for reliable and user-friendly access to the markets we need worldwide.”
Raj Mahajan, president of SunGard’s global trading business, said, “In order to provide greater transparency and efficiency around network connectivity to our US customers, SunGard launched SGN MatchMaker. SGN Matchmaker will help US customers streamline the on-boarding process and access to SGN services.”
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. The SunGard Global Network helps automate the entire trade lifecycle from order execution through to post-trade processing. It provides access to 110 markets worldwide and connects the buy-side, third party networks, broker/dealers and investment companies, including more than 2,000 asset managers and 500 broker connections. Its international connectivity hubs also support low-latency market data delivery from global markets.
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 434 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.
SGN Brokerage Services offered in the United States are provided by SunGard Institutional Brokerage Inc., Member FINRA / SIPC.
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.