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March 12, 2009 — London, UK
SunGard has launched the latest release of Front Arena, a cross-asset trading solution. SunGard's Front Arena provides risk management and control for cross-asset transactions. In Front Arena 4.3, FX functionality has been enhanced to include high volume FX trading capabilities, straight-through processing, scalable architecture and real-time pricing.
SunGard's Front Arena has benchmarked capabilities for handling high-volume trading and for helping improve workflow efficiency. It can also handle highly complex cross-asset trades, helping traders, sales desks, risk managers and the back-office to better control operational costs and risks.
Tim Dodd, head of product management for SunGard's Front Arena business unit, commented: "In today's volatile markets it is imperative for companies to operate with robust yet flexible technology. In addition, FX trading systems are moving quickly towards the concept of a single and transparent process, one which allows for more comprehensive management of profit, risks, cash flows and workflows across all asset classes and desks. SunGard's Front Arena can handle high-volume trading quickly and efficiently, whilst providing traders with pre-trade risk analysis and optimal trading scenarios."
The latest release of Front Arena includes functionality for grid computing, remote sheet calculations for large portfolios and 64-bit support. In addition, it offers a new server-side quoting component for improved response times, improved position analysis, access to Front Arena business logic in Microsoft Excel, enhanced operations functionality and new instrument support for fixed income, interest rate derivatives, credit products and structured equity products. Front Arena also integrates with the latest release of SunGard's Monis for pricing of convertible bonds, and can leverage SunGard's Adaptiv confirmation manager across asset classes.
About Front Arena
A cross asset trading solution serving a range of financial institutions, SunGard’s Front Arena provides straight-through processing by integrating sales and distribution functions, trading capabilities, risk management, as well as settlement and accounting support. Institutional asset managers and brokers, traders, and market makers use Front Arena to trade equities, fixed-income, interest rate derivatives, and credit. Front Arena’s components can be configured to meet a variety of trading needs and scaled to support operations ranging from local to global. For more information, visit
About SunGard
With annual revenue of $5 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world’s 25 largest financial services companies. Visit SunGard at www.sungard.com.
Trademark Information: SunGard, the SunGard logo, Front Arena and Adaptiv 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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