Take the Smart Route to Fragmented Liquidity

The cost of complexity in delivering best execution in post-MiFID Europe is rising as liquidity becomes increasingly fragmented.

The multiplicity of execution destinations implies new membership fees, connectivity costs, risk-management layers, smart routers, market data processing costs, compliance issues, and associated additional human resources. Almost all of these are fully recurring costs. There is also the considerable workload and cost involved in managing multiple central counterparties (CCPs) and settlement agents for the middle and back office.

How is it possible, therefore, to achieve a truly competitive Best Execution policy without incurring significant incremental costs?

SunGard’s solution is Valdi Liquidity Solutions
Valdi Liquidity Solutions provides a unique front-to-back trading solution that features:

  • A flexible pricing model with limited initial costs
  • Smart Order Routing to all major trading venues, using your membership or SunGard’s
  • Algorithmic trading capability
  • Fine-tuned pre-trade risk management via Valdi Selector
  • Fast, neutral and cost-effective Brokerage services with SunGard Global Execution Services, and the option also to work with other partner brokers of your choice

With Valdi Liquidity Solutions we provide a combination of technology and brokerage services, and ways of paying for them, that can allow you to exploit all the possibilities of the fragmented market landscape and provide top-quality service to your clients, while significantly lowering the costs of smart routing and trading on MTFs such as Chi-X, BATS and Turquoise.

A flexible model

  • Customise the level of our Liquidity Solutions offer
  • Hosted membership: fully hosted, managed and monitored for 80+ markets
  • Use your membership and others: benefit from smart routing and SunGard's or your partner’s membership of the MTFs
  • And combine it with complementary SunGard products & services
  • Managed FIX connectivity with our FIX Network Service
  • Trading workstations for your traders and your clients
  • Synthetic order creation & algorithmic trading via Valdi Algo Trading
  • The Valdi Order Management System
For more information on Valdi Liquidity Solutions, please contact us at info.globaltrading@sungard.com

Brochures & Datasheets