Indonesian Investment Bank Mandiri Sekuritas Offers Direct Market Access with SunGard’s Valdi and Global Network
July 17, 2012 — Jakarta, Indonesia
Mandiri Sekuritas, a leading investment bank in Indonesia and a subsidiary of one of the biggest Indonesian banks, Bank Mandiri, has gone live with SunGard’s Valdi and SunGard Global Network (SGN) solutions to offer direct market access (DMA) to the Indonesia Stock Exchange (IDX). Global investors can access IDX by sending orders to Mandiri Sekuritas via the FIX protocol or SGN’s order routing network.
Mandiri Sekuritas is also using Valdi’s real-time, pre-trade risk management solution to help it comply with Indonesia’s regulatory requirements, which include trading limits based on the size of each investor’s deposit with the Indonesian clearing house. Valdi stores that information for each of Mandiri’s clients, tracks their activity on IDX, and prevents them from trading once they reach their limit.
Harry M. Supoyo, president director of Mandiri Sekuritas, said, “SunGard’s Valdi and SGN help Mandiri Sekuritas provide global investors with reliable DMA to the Indonesia Stock Exchange. Only a small group of Indonesian brokers can provide this service, helping make Mandiri Securities more competitive. Valdi’s risk controls also help us comply with the stringent Indonesian regulatory rules.”
Nasser Khodri, managing director for SunGard’s capital markets business in Asia Pacific, said, “For international investors attracted to Indonesia, a growing number of local brokers are investing in DMA solutions to offer new investment opportunities. SunGard’s SGN and Valdi are helping Mandiri Sekuritas reach that new audience and expand its business.”
About Mandiri Sekuritas
Mandiri Sekuritas is one of the leading investment banks in Indonesia. Mandiri Sekuritas is a subsidiary of Bank Mandiri. Started its operations in July 31, 2000, Mandiri Sekuritas provides a full range of Securities Underwriting, Corporate Finance, Securities Brokerage (institution, retail and online trading), Research and Investment Management (through a subsidiary Mandiri Investasi) with some innovative products and proven track record. Mandiri Sekuritas supported by first rate research capability (economic, equity and fixed income research), strong operational support, integrated and up-to-date IT system, and strict & prudent risk management practices.
Mandiri Sekuritas was awarded The Most Active Underwriter 2011 - 2012, The Best Stock Exchange Member and The Best marketing Network 2011 (Capital Market Award), Best Investment Bank in Indonesia 2005-2012 (Global Finance), Best Investment Bank in Indonesia 2011 (FinanceAsia), Best Equity House in Indonesia 2011 (Asiamoney), Best Domestic Bond House in Indonesia 2009, 2010, 2011 (The Asset), and #1 Best Local Brokerage House in Indonesia 2010, 2011 (Brokers Poll – Asiamoney).
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 www.sungard.com/360trading.
About the SunGard Global Network (SGN)
A trade automation and connectivity solution, the SunGard Global Network links institutions throughout the financial services value chain, offering services 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 on over 120 markets worldwide and links more than 2,000 asset managers with over 530 brokers, as well as interconnecting with major third-party order-routing networks. SGN’s international connectivity hubs also support low-latency market data delivery from global markets.
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 www.sungard.com.
Trademark Information: SunGard, the SunGard logo, 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.
For more information, please contact:
executive vice president, corporate communication
PT Mandiri Sekuritas
Tel: +62 817 636 7788