London (PRWEB) December 10, 2012
SunGard has won “Best New Product from a Technology Firm – Connectivity” in the 2012 FOW International Awards for the extension of its Valdi solution and the SunGard Global Network (SGN) into China.
To help its international customers position themselves to take advantage of new trading opportunities, SunGard has expanded connectivity in recent years to countries such as Poland, Turkey, Colombia, Malaysia and Indonesia. SunGard added access to China over the past year, where brokerage firms are already using Valdi and SGN to connect to the Dalian, Shanghai and Zhengzhou derivatives exchanges and to the CFFEX financial futures exchange. With SGN, customers can also offer direct market access (DMA) and care order services to buy-side firms.
SunGard’s Valdi gateway software provides access to more than 140 trading venues worldwide, which supports Software as a Service (SaaS) connectivity to more than 110 venues.
In addition, SGN delivers normalized, real-time price data from more than 110 venues via more than 25 hubs in financial centers worldwide. It connects more than 2,100 asset managers and more than 500 brokerage firms for rapid and efficient order routing and trading.
William Mitting, editor of FOW, said, “The FOW International Awards acknowledge technology companies that have solved a problem creatively or changed the way their customers approach trading challenges around the world. SunGard’s Valdi and Global Network have demonstrated the company’s commitment to participating in the growth of and providing access to trading in emerging regions such as Central and Eastern Europe, Latin America, and Asia.”
Philippe Carré, global head of connectivity for SunGard’s capital markets business, said, “To help our customers expand trading activities beyond their home countries, SunGard’s trading and connectivity solutions strive to provide access to emerging trading venues across the globe. With China's financial and commodity exchanges progressively opening up to foreign investors, SunGard already serves the local financial community while helping international customers seize new trading opportunities.”
About SunGard's Valdi
SunGard’s Valdi is a suite of electronic trading solutions for equities and listed derivatives. Valdi offers fully automated or high touch order management, trade execution and liquidity management; pre- and post-trade risk and compliance; and market data. With a suite of hosted services and connectivity to the SunGard Global Network (SGN), Valdi helps customers cost-effectively execute trades across multiple platforms, instruments and geographies. For more information, please visit http://www.sungard.com/360trading.
About the SunGard Global Network
The SunGard Global Network (SGN) is a trading services network that links asset managers and brokers throughout the financial services value chain, offering trade automation and connectivity 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 around the world, connects with major third-party order-routing networks, and delivers low-latency global market data. For more information, please visit http://www.sungard.com/sgn.
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.
© SunGard 2012. All rights reserved.