BEIJING, June 8, 2011 /PRNewswire-Asia/ -- Nanhua Futures, a futures company in China, has selected the SunGard Global Network (SGN) to gain access to its international clients' order flow and SunGard's Valdi OMS and trading solutions to support its growing domestic and international business. SunGard's solutions will help Nanhua Futures collect orders from Qualified Foreign Institutional Investors (QFIIs), place orders with Valdi Trader, and manage and execute its orders on the China Financial Futures Exchange (CFFEX).
CFFEX plans to open to trading from QFIIs in 2011. Nanhua Futures will use SunGard's low-latency SGN market data and order routing network to collect orders from its international clients when the regulator has approved these investments. SunGard's Valdi OMS will help Nanhua Futures automate processes from order capture to allocation, while Valdi Trader will provide the broker with trade execution and real-time P&L display capabilities.
Luo Xufeng, general manager for Nanhua Futures, said, "As Nanhua Futures already uses SunGard's Kingstar as one of the solutions for its business and as SunGard's SGN and Valdi OMS are extensively used by overseas institutional clients, having access to these solutions will help Nanhua Futures facilitate trading on CFFX for QFII clients to help us develop our business internationally."
Raj Mahajan, president of SunGard's global trading business, said, "Foreign investors show strong interest in Chinese markets, and the local regulators are progressively opening the doors. Chinese brokers are therefore looking for new solutions to support collection of international order flow and handle higher business volumes. SunGard is pleased to work with Nanhua Futures and other brokers on the implementation of Valdi and SGN technology to help them grow their international businesses."
About Nanhua Futures
Established in 1996, Nanhua Futures has been actively involved in both commodity and financial futures brokerage services. The company maintains full member status of Shanghai Futures Exchange (SHFE), Zhengzhou Commodity Exchange (CZCE), and Dalian Commodity Exchange (DCE); and is one of the first to gain general clearing member status of China Financial Futures Exchange (CFFEX). With registered capital of 450 million RMB and net capital over 702 million RMB, Nanhua Futures is now recognized as one of the best futures companies in China. For more information, please visit Nanhua at www.nanhua.net.
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. The SunGard Global Network helps automate the entire trade lifecycle from order execution through to post-trade processing. It provides access to 110 markets worldwide and connects the buy-side, third party networks, broker/dealers and investment companies, including more than 2,000 asset managers and 500 broker connections. Its international connectivity hubs also support low-latency market data delivery from global markets.
About SunGard's Valdi
SunGard's Valdi provides equities, futures, fixed income and options traders with multi-asset, front-to-back trading and risk management solutions on 130+ markets worldwide. Valdi global trading solutions support the entire trade lifecycle including integrated trade and order management systems, execution services, risk management, compliance, and clearing and settlement services. Through connectivity via the SunGard Global Network (SGN), SunGard's global trading solutions help customers achieve increased performance, low latency and execution across multiple platforms, instruments and geographies.
About SunGard
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher 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 US$5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, please visit SunGard at www.sungard.com.
Trademark Information: SunGard, the SunGard logo, SGN 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
