Toronto, Canada (PRWEB) February 21, 2012
BMO Capital Markets has expanded its use of SunGard’s Global One, a suite of securities finance solutions for trade processing, operations and reporting. A SunGard customer since 2009, BMO Capital Markets rolled out Global One for its Global Equity Finance business. Global One already supports the firm’s U.S. and international business.
Tony Venditti, managing director, Global Equity Finance, BMO Capital Markets, said,
“We have been using Global One in our New York and London offices for several years and adopted the system in Toronto earlier this year to consolidate our global securities finance operations onto one technology platform. As we expanded our securities lending activity in multiple regions around the world, we’ve made it a priority to utilize advanced technology platforms that will help us meet our clients’ needs for timely and accurate reporting. Consolidating onto SunGard’s Global One is helping automate our manual processes and providing enhanced reporting capabilities for both regulators and clients.”
Craig Costigan, executive vice president and general manager for SunGard’s Global One business unit, said, “As firms look to control the costs of their securities finance operations, SunGard’s Global One can help them increase efficiencies through a single global platform.”
About SunGard’s Global One
A multi-currency system for international securities lending, Global One supports both brokers and lenders. Organizations use Global One and its real-time communications capabilities for the administration and management of international and domestic securities lending activities, including borrowing and lending, buy-backs and sell-backs and repos. For more information, visit http://www.sungard.com/securitiesfinance.
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 Global One 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.