SunGard Expands Valdi's SaaS Market Access Service to Include Fixed Income Trading with NYSE BondMatch

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SunGard has extended its Software-as-a-Service* (SaaS)-based market connectivity to NYSE BondMatch, the European Multilateral Trading Facility (MTF) launched by NYSE Euronext for professional investors to trade corporate, financial and covered bonds.

SunGard has extended its Software-as-a-Service* (SaaS)-based market connectivity to NYSE BondMatch, the European Multilateral Trading Facility (MTF) launched by NYSE Euronext for professional investors to trade corporate, financial and covered bonds. SunGard’s connectivity services help exchange members and their direct market access (DMA) clients trade on electronic markets from any workstation or application.

SunGard has developed market and trading gateways and adapted its trading workstation with market-specific trading features to provide investors and traders with efficient access to NYSE BondMatch. The new service will be fully integrated with SunGard’s Valdi hosted smart routing technology, alongside SaaS-based market access services to other fixed income venues, including EuroTLX, Borsa Italiana's MOT or Hi-MTF.

Nathalie Masset, deputy director, European debt markets at NYSE Euronext, said, "To help meet the demands of bond market participants for transparency, liquidity, pre- and post-trade reporting and post-trade services, NYSE Euronext is launching NYSE BondMatch. SunGard's Valdi Market Access Service offering will facilitate access to our marketplace and consequently should help us grow our business."

Raj Mahajan, president of SunGard’s global trading business, said, "There is increasing interest in fixed income trading in Europe, resulting in trading firms now requiring greater access to fixed income marketplaces and multi-asset solutions. One of the key challenges in capturing liquidity is to determine which liquidity pools to trade on: SunGard's Valdi Market Access Service is an efficient and cost-effective solution that helps trading firms with connectivity and smart order routing reach new trading venues, including fixed income MTFs."

  • SunGard Financial Systems is pursuing a visionary initiative to transform some of the key functionality of its core systems into components creating software-as-a-service (SaaS)-based solutions. Leading this strategy is Infinity, which uses a service-oriented architecture (SOA) development framework, offers a business process management platform (Infinity Process Platform) and a virtualized, on-demand delivery infrastructure.

About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets – the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca – represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the Fortune 500. For more information, please visit: http://www.nyx.com.

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. SunGard’s 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. With connectivity via SunGard’s global network, 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 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.

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Adriana Senior
SunGard
718-578-1130
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