Ljubljana, Slovenia (PRWEB) February 01, 2012
SunGard has extended its SaaS*- based, Valdi market connectivity service with the addition of the Ljubljana Stock Exchange (LJSE). SunGard’s Valdi Market Access Service helps exchange members and their direct market access (DMA) clients access and trade on global exchanges from any Valdi workstation or FIX application. SunGard’s Valdi will help Slovenian institutions and remote exchange member firms access and trade LJSE-listed products simply and more cost-effectively.
SunGard's Valdi Market Access service helps exchange members outsource the activities involved in procuring and managing the hardware, software and telecommunication links required for market connectivity. Users also benefit from 24/7 access to local and international markets. It relieves customers of the cost involved in infrastructure ownership and maintenance.
Andrej Šketa, president of the management board of the LJSE, said, "The Ljubljana Stock Exchange is always looking to attract European and global investors. Having joined the Central Eastern Europe Stock Exchange Group (CEESEG), the LJSE and the Slovene capital markets have taken a stronger position in the regional Central & Eastern Europe market and have gained new prospects for growth and development. SunGard’s SaaS-based market connectivity service will facilitate greater access to our equities, bonds and other instruments."
Philippe Carré, global head of connectivity for SunGard’s capital markets business, said, “European firms and global brokers are looking for new sources of revenue, especially in emerging markets. These include countries in Central & Eastern Europe and around the Mediterranean. SunGard remains committed to delivering connectivity solutions that provide simplicity, cost efficiency and rapid time-to-market for investors and brokers. SunGard’s Valdi Market Access Service helps customers reduce the total cost of ownership associated with their connections to these new markets.”
- SunGard Financial Systems is transforming the way its software solutions are created and delivered to its customers. With the introduction of a new visionary, integrated technology blueprint, new delivery models are created and additional functionality embedded. Underlying technologies include a service-oriented architecture (SOA) development framework, a business process management platform (Infinity Process Platform) and a delivery platform to enable Software-as-a-Service (SaaS) based solutions.
About the Ljubljana Stock Exchange
The Ljubljana Stock Exchange is a subsidiary of the CEE Stock Exchange Group (CEESEG), which also holds majority stakes in the stock exchanges of Vienna, Budapest and Prague. The Ljubljana Stock Exchange provides efficient operation of the regulated segment of the Slovene capital market, which is part of the Central and East European regional market. The Ljubljana Stock Exchange aims to improve liquidity of the domestic market, achieve international comparability and recognition of the market, increase the presence of international investors and investment firms, maintain the high level of quality, organisation and regulation of the market.
About SunGard’s Valdi
SunGard’s Valdi provides equities, futures, fixed income and options traders with multi-asset trading solutions on 170+ markets worldwide. Valdi global trading solutions support the entire trade lifecycle, including integrated trade and order management systems, execution services, market data, risk management, compliance, and clearing and settlement services. Also offering global connectivity via the SunGard Global Network (SGN), SunGard's Valdi helps customers achieve increased performance and low latency execution across multiple platforms, instruments and geographies. For more information, please visit http://www.sungard.com/valdi
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, 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 $4.5 billion, SunGard is the largest privately held software and services company and was ranked 434 on the Fortune 500 in 2011. 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