Beltone Financial Selects SunGard's Valdi and Global Network to Support its Middle East Trading Business

Share Article

Beltone Financial, a leading investment bank in the Middle East and North Africa, has gone live with SunGard's Valdi trading and order management solution to support its local and regional trading business via a single front-office platform.

Beltone Financial, a leading investment bank in the Middle East and North Africa, has gone live with SunGard's Valdi trading and order management solution to support its local and regional trading business via a single front-office platform. Beltone Financial has also selected the SunGard Global Network (SGN) to collect orders from its international clients. SunGard's solutions help Beltone handle its rising regional order volumes and make new client connections quickly and cost-effectively.

SunGard's Valdi order management system provides Beltone Financial with a consolidated trading platform as the basis for support of its international trading business. From a central implementation in Cairo, the firm is able to trade throughout the Middle East region via FIX protocol-based connections to executing brokers in local markets. Beltone can alert its clients as soon as each trade is executed, and has implemented fully electronic linkages from the front to the back-office. SunGard has also adapted its pre-trade risk management system to allow consolidated control of clients’ DMA and care order flows.

SunGard's SGN, an order routing network that links more than 2,000 asset managers and 500 brokers on 110 global markets, will help Beltone Financial collect orders efficiently and establish new client connections quickly and easily.

Mohamed Amer, director and regional head of IT at Beltone Financial, said, “SunGard’s integrated solution supports the specific requirements of the Egyptian and regional markets and covers all our front-office operations trading requirements. SunGard has helped us gain a competitive edge, particularly as electronic trading grows in the region."

Raj Mahajan, president of SunGard's global trading business, said, “Middle East economies are accelerating their growth strategies, and cross-border trading in the region is increasing. SunGard is helping financial firms in the region support their regional trading businesses. Beltone Financial has selected SunGard because we can help support its business and technical needs, and because our brand is well known by international investors interested in the Middle East."

About Beltone Financial
Beltone Financial clear mission provide our clients with incomparable knowledge and seamlessly executed solutions. Our values differentiate Beltone from all other financial institutions, setting us apart in serving our clients in the Middle East and North Africa (MENA) region.
Our services are designed for institutions and high-net-worth individuals who require asset management, investment banking, brokerage, private equity investing and research. Our strategy is to focus on innovation and product differentiation, buttressed by our superior knowledge and passion to serve our clients' interests impeccably.
Beltone's professional financial advisers are strategically located to benefit our clients. Almost 300 staff serve clients from our network of offices in Cairo, Dubai, Doha, Tripoli, Benghazi, London and New York.

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.

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.

About SunGard
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 more than 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

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.

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Adriana Senior
Email >