New York, NY (PRWEB) September 04, 2012
SunGard has released a new version of its MarketMap market data terminal application. The application provides up-to-date macroeconomic data in a calendar format through a new and easy-to-use economic and financial indicator viewer, an enhanced news navigator and Fitch Solutions’ credit default swaps data.
Alexander Tabb, partner TABB Group, said, “Obtaining, decoding and utilizing data in a timely manner and the explosion in new and increasing sources of data mean that traders and market data users need tools to help them quickly retrieve and collate data in order to execute transactions and remain competitive.”
Macroeconomic developments and sovereign debt volatility need to be monitored closely as investors are continuously seeking to better understand global economic conditions. By displaying consumer price indices and other statistical reports, key economic indicators including housing, unemployment and statistical data by country as well as regionally, MarketMap helps market participants make more informed decisions while better understanding trends and risks.
The latest version of MarketMap also includes a new News Navigator that helps financial advisors easily browse and view news by market, industry and asset-class or country or groups of countries such as euro zone or G20. The new CDS service from Fitch Solutions covers more than 11,000 global entities, including single-name CDS, Loan CDS, CDS Indices and CDS of ABS.
Robert Jeanbart, executive vice president and global head of SunGard’s MarketMap business unit, said, “The enhancements to MarketMap were driven by our customer requests and can help them more quickly and efficiently retrieve and access data. There is a lot of attention on the euro zone crisis and the deeper implications it has on global economies. The latest version of MarketMap provides investors with tools to help them rapidly navigate news and access data in order to monitor global developments and credit risk in real-time.”
About Fitch Solutions
Fitch Solutions, a division of the Fitch Group, focuses on the development of fixed-income products and services, bringing to market a wide range of data, analytical tools and related services. The division is also the distribution channel for Fitch Ratings content.
Fitch Ratings and Fitch Solutions are part of the Fitch Group, a jointly-owned subsidiary of Fimalac, S.A. and Hearst Corporation. For additional information, please visit http://www.fitchsolutions.com; http://www.fitchratings.com; http://www.fimalac.com and http://www.hearst.com.
About SunGard’s MarketMap
SunGard’s MarketMap front-to-back market data solutions provide global, multi-asset class market data terminal applications, data feeds, customizable web components and historical databases, managed data and analytics to financial institutions, energy and commodities firms. Market data is sourced and delivered through the SunGard Global Network and enriched by best of breed third party sources. MarketMap provides a full breadth of decision-support information for trading, market analysis, research, risk management, portfolio management and asset management. Through its flexible data delivery mechanisms, MarketMap’s solutions and managed data offerings can either be hosted in SunGard datacenters or deployed on-premise for managing, distributing and displaying market data. Besides highly scalable and cost effective technology, usage reports help organizations monitor and control data costs in real-time. MarketMap integrates seamlessly with many other SunGard solutions. For more information, visit http://www.sungard.com/marketmap.
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. Look for us wherever the mission is critical. For more information, please visit http://www.sungard.com.
Trademark Information: SunGard, the SunGard logo and MarketMap 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.