SINGAPORE, June 13, 2012 /PRNewswire-Asia/ -- SunGard has won two awards for its trading and post-trade/back-office solutions in The Banker's "2012 Innovation in Banking Technology" awards.
The Banker is one of the world's leading banking and finance resources and is read in over 180 countries around the world. A panel of 21 senior banking technology executives selected the winners from a shortlist created by The Banker's editorial team.
The awards recognize SunGard's trading and post-trade processing solutions, which include Valdi, a suite of electronic trading solutions for equities and listed derivatives that includes the Valdi Order Validator, a new ultra-low latency order validation engine; IntelliMatch Operational Control, an enterprise matching and reconciliation solution for multiple asset classes; and Stream, a suite of global, post-trade solutions for securities and derivatives.
John Beck, trading and technology editor, The Banker, said, "When it comes to trading technology, the arms race continues unabated. And for banks, catering to client requirements for access to fast and profitable algorithmic strategies, best execution, ultra-low latency connections and new exchanges and asset classes means that standing still is not an option. Meanwhile, the influx of post-crisis legislation has meant that the importance of post-trade processing has increased. In both the trading and post trade areas, a judging panel of more than 20 banking CIOs from around the world found that SunGard helps financial services firms meet these challenges better than any other technology provider."
Harold Finders, chief executive officer of SunGard's Financial Systems business, said, "SunGard offers firms a unique breadth and depth of solution choice for multi-asset trading, clearing, bookkeeping, margining, settlement and reconciliation to help them capitalize on the regulatory, economic and technological changes in financial services. The Banker's recognition of our trading and post-trade/back-office solutions reflects our commitment to investing in our solutions to help our customers increase efficiency, respond to economic and regulatory developments, and achieve growth."
About SunGard
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 US$4.5 billion, SunGard is the largest privately held software and services company and was ranked 480 on the Fortune 500. For more information, please visit www.sungard.com.
Trademark Information: SunGard, the SunGard logo, IntelliMatch 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.
