Bolsa de Valores de Colombia to Leverage SunGard for Global Market Data Distribution

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Bolsa de Valores de Colombia (BVC), the official Securities Exchange of Colombia, has certified SunGard as an international market data provider.

Bolsa de Valores de Colombia (BVC), the official Securities Exchange of Colombia, has certified SunGard as an international market data provider. SunGard will source market data directly from the exchange and distribute it globally via the SunGard Global Network (SGN), which provides multi-asset order-routing capabilities for institutional asset managers, hedge funds and broker dealers.

The addition of market data will complement SunGard’s existing connectivity in Colombia: BVC certified the SunGard Valdi software platform for Exchange members to use on the BVC trading engine in November 2011.

The IMF has forecast that Colombia's 2012 GDP will grow by 4.7%, leading to global interest in Colombian trading opportunities. BVC is also a founding member of the Mercado Integrado Latino-Americano (MILA), the new pan-Latin American alliance of stock exchanges.

Maria-Jose Ramirez, commercial vice president at Bolsa de Valores de Colombia, said, “BVC is a trading destination not only for trading participants in Latin America, but increasingly for European and American financial institutions. As a growing player in the international community, BVC can leverage SunGard’s technology to help increase our network and improve the reach of our market data globally.”

Philippe Carré, global head of connectivity of SunGard capital markets business, said, “Access to Bolsa de Valores de Colombia’s real-time data and brokerage trading connectivity through Exchange members can help SGN members increase their trading efficiencies and take advantage of the growth opportunities in this emerging market.”

About Bolsa de Valores de Colombia
Bolsa de Valores de Colombia (BVC) is a multiproduct exchange with international standards in the administration of the trading platforms for Equities, Fixed Income, Derivatives and Currencies, and also the OTC systems for Fixed Income and Currencies. The BVC has complemented its portfolio of products providing settlement and clearing services, market data, order routing and automation process services for its affiliates, and technological solutions for the primary issues for Equities and Fixed Income. Today, the BVC is part of the Latin America Integrated Market (MILA) with Bolsa de Comercio de Santiago and Bolsa de Valores de Lima.

In 2011, the market cap was USD$209 billion. BVC has traded USD$37 billion in equities, USD$917 billion in fixed income, USD$47 billion in derivatives and USD$220 billion in foreign exchange. BVC has been a listed company since 2007 with 18.7 billion shares outstanding, with 85% on floating and more than 1,900 shareholders. The BVC’s market cap at the end of February 2012 was USD$355 million. The BVC is a member of the WFE (World Federation of Exchanges) and FIAB (Latin American Federation of Exchanges).

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 500 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 is ranked 480 on the Fortune 500. For more information, please visit http://www.sungard.com.

Trademark Information: SunGard, the SunGard logo, the 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
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