SunGard’s Valdi Solution and Global Network Win 2012 FOW Award for Asia
October 17, 2012 — Hong Kong
SunGard has won “Best New Product – Trading and Execution” in the 2012 FOW Awards for Asia for the extension of its Valdi solution and the SunGard Global Network (SGN) into China.
SunGard has added access to China in the past year, and brokerage firms are already using Valdi and SGN to access the three major commodity futures exchanges, Dalian, Shanghai and Zhengzhou, and the CFFEX financial futures venue. Customers also offer direct market access and care order services to buy-side firms via SGN.
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, “Our awards recognize technology companies that have solved a problem creatively, opened up new possibilities, or changed the way participants approach the region. The costs and operational complexity involved in low latency exchange connectivity in China are high, making Valdi’s managed service particularly valuable for local and international brokers.”
Nasser Khodri, managing director for SunGard’s capital markets business in Asia Pacific, said, “SunGard has steadily expanded its connectivity over the years, aiming to be present wherever electronic trading is developing and actively participating in its progress. As China's financial and commodity markets gradually open to foreign investors, SunGard is once again serving the local participants at an early stage while helping international customers take advantage of new opportunities.”
*SunGard Financial Systems is transforming the way its software solutions are created and delivered to its customers. With the introduction of a new visionary, integrated technology blueprint, new delivery models are created and additional functionality embedded. Underlying technologies include a service-oriented architecture (SOA) development framework, a business process management platform (Infinity Process Platform) and a delivery platform to enable Software-as-a-Service (SaaS) based solutions.
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.
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, 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.