London (PRWEB) June 29, 2011
Erste Securities Polska, a leading Polish brokerage firm, has selected SunGard's Valdi, a suite of order management and trading solutions that will also help it connect to the Warsaw Stock Exchange. Valdi will help the company to handle rising order volumes and manage client connections quickly and cost-effectively.
SunGard's Valdi Order Management System will help Erste Securities Polska manage complex client and internal order flows, and add new client connections quickly. Erste Securities Polska will also use Valdi’s basket trading functionality and pre-programmed synthetic orders, as well as the functionality to build custom algorithms.
Piotr Prażmo, member of the Management Board at Erste Securities Polska, said, “We have chosen to strengthen our cooperation with SunGard in order to meet the trading platform changes planned by the Warsaw Stock Exchange. SunGard’s Valdi solutions will be easily integrated with our existing infrastructure, thus helping us provide our clients with faster time-to-market and advanced services cost-effectively."
Raj Mahajan, president of SunGard's global trading business, said, “The dynamic and growing nature of the markets in Central and Eastern Europe means that flexibility of technical infrastructure is of primary importance for any top brokerage house. SunGard’s Valdi solutions can help Erste Securities Polska achieve rapid connections to new clients and add new trading capabilities like algorithms in a straightforward way, enhancing its ability to respond quickly to new and emerging requirements from its clients. SunGard is pleased to be cooperating with Erste Securities Polska to bring the benefits of electronic trading to new markets.”
About Erste Securities Polska S.A.
ERSTE Securities Polska S.A. was founded in 1995 and is today one of the major players on the Warsaw Stock Exchange. The company offers a full range of execution and clearing services covering options and futures contracts for financial products and commodities, as well as for money market instruments, equities, commodities and bonds on its core markets Poland and Central and Eastern Europe. Erste Securities Polska S.A. is member of Erste Group, which was founded 1819 as the first Austrian savings bank. Over the last ten years, Erste Group has developed into one of the largest financial services providers in Central and Eastern Europe, with more than 50,000 employees serving more than 17 million clients in 3,200 branches in 8 countries (Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia, Serbia, Ukraine).
About SunGard's Valdi
SunGard’s Valdi provides equities, futures, fixed income and options traders with multi-asset, front-to-back trading 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 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 SunGard at 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.
Valdi Brokerage Services offered in the United States 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.