SunGard Adds TOM MTF Connectivity to Valdi Market Access Trading Platform

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SunGard’s Valdi Market Access service now provides access to TOM MTF, a multilateral trading facility located in Amsterdam, Netherlands, facilitating member participation on this new trading platform.

SunGard’s Valdi Market Access service now provides access to TOM MTF, a multilateral trading facility located in Amsterdam, Netherlands, facilitating member participation on this new trading platform. TOM MTF offers trading in shares, derivatives and exchange-traded funds.

The Valdi Market Access service delivers connectivity to markets worldwide on a Software-as-a-Service* (SaaS) basis, via the SunGard Global Network (SGN). The direct market access service helps exchange members and their clients trade on electronic markets from any SGN-connected application. It is fully managed by SunGard, helping reduce infrastructure and support costs.

Willem Meijer, chief executive officer of TOM MTF, said, “In the rapidly changing landscape of stock and derivatives exchanges, TOM MTF offers trading in Dutch, Belgian and French equities and trading in single stock options. We are looking at expanding, and SunGard’s latest initiative will facilitate access to TOM MTF, by providing electronic trading solutions and global connectivity to market participants.”

Philippe Carré, global head of connectivity for SunGard’s capital markets business, said, “The emergence of new trading platforms such as TOM MTF continues to drive market fragmentation in Europe; Valdi and SGN help trading firms connect to new trading venues, while keeping a firm grip on their total cost of operation. Our customers will now be able to incorporate TOM MTF’s growing liquidity pool into their smart routing strategies.”

  • 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 TOM MTF
TOM is an initiative that enables "best execution" of retail transactions for its clients - as required by MiFID (Markets in Financial Instruments Directive). Simultaneously, TOM contributes to the MiFID requirement regarding competition between exchanges. This ultimately results in improved execution prices as well as lower transaction costs for investors.
TOM encompasses a cost efficient, transparent and open MTF (TOM MTF) and a "search engine", tracking the best execution prices on the various exchanges (TOM Smart Execution). The shares in TOM’s capital are (indirectly) held by Optiver, Binck Bank, ABN AMRO Clearing and IMC Trading.

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.

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. SGN helps automate the entire trade lifecycle, from order execution through to post-trade processing. It facilitates trading on over 120 markets worldwide and links more than 2,000 asset managers with over 530 brokers, as well as interconnecting with major third-party order-routing networks. SGN’s international connectivity hubs also support low-latency market data delivery from global markets.

About SunGard
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, SunGard Global Network 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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