- senior vice president, post-trade securities
- SunGard’s capital markets business
Alex Walker is senior vice president, post-trade securities in SunGard’s capital markets business. She manages the Stream RIMS product line and is responsible for developing solutions that can be quickly adapted to changing business requirements and ensuring quality of service in all aspects of the user experience. Since taking on this role, she has successfully led the launch of the new Stream RIMS middle- and back- office modules using the latest technological advances and has worked with clients in the UK, continental Europe, Asia and US to deliver full post-execution solutions. Previously, Ms. Walker was head of professional services for Stream RIMS.
Ms. Walker is an expert in the international securities middle- and back-office for brokers, market makers and fund managers.
The explosion in alternative liquidity pools since the implementation of MiFID has created opportunities for improved execution and delivered a potential competitive advantage for brokers. However, it has also created additional complexity in the middle and back office due to the proliferation of central counterparties (CCPs) and the number of clearing relationships that are required. Participants require flexibility in their operational systems if gains in the front office are not to be lost due to increased cost and risk in post-trade processing.
Meanwhile, in the increasingly competitive global securities market, firms are offering cross-border trading – for instance, offering Korean clients access to Singapore and HK markets. However, this is a complicated process involving connectivity to multiple markets. Often firms are also relying on different back-office systems for each market or location. The middle office can unify disparate back-office securities systems, which is becoming more and more important with growing volumes/business in fragmented securities markets.