BANGKOK, April 17, 2012 /PRNewswire-Asia/ -- KT ZMICO Securities, a leading Thai brokerage firm, is live with SunGard's Valdi trading, connectivity and market making solution suite to help automate and streamline its trading activities into one integrated trading screen on the Stock Exchange of Thailand (SET). Valdi also helps KT ZMICO better manage its exposure by providing a consolidated view of positions and the ability to hedge in real-time.
KT ZMICO selected SunGard's Valdi trading and connectivity suite to deal electronically, help reduce operational risk and collect orders from various sources, including the SunGard Global Network, an order routing network. KT ZMICO is also using Valdi to help automate its trading strategies and quoting capabilities on the local warrants marketplace.
Chaipatr Srivisarvacha, the executive chairman and chief executive officer of KT ZMICO Securities, said, "KT ZMICO can electronically issue its derivatives warrants on the SET and automate its trading business with SunGard's Valdi suite, thus helping bring more liquidity to the exchange. This is a major breakthrough for the SET because many international investors still consider it to be an emerging market. SunGard can help us bring innovation to the Thai financial industry and assist us in generating more revenue."
Nasser Khodri, South East Asia managing director of SunGard's capital markets business, said, "The SET has launched many initiatives to increase its volumes, including support for local market makers and facilitating trading by international investors through the ASEAN Trading Link. SunGard's Valdi solutions are helping brokers in frontier and emerging markets like Thailand bring liquidity to regional exchanges, facilitate automated trading strategies, reduce operational risk and support business development."
About KT ZMICO Securities
KT ZMICO Securities Company Limited is one of leading investment service provider in Thailand, under the establishment of a joint venture between Krung Thai Bank Public Company Limited (KTB) and Seamico Securities Public Company Limited (SEAMICO). KT ZMICO provides wide range of investment products and services such as securities trading service, derivatives, derivatives warrants (DW), bond and debenture, securities borrowing and lending (SBL), investment banking, wealth management & private fund, also including international markets investment service i.e. trading in the stock exchange market in America, Hong Kong, Singapore, and countries in Indochina region. For more information, visit www.ktzmico.com.
About SunGard's Valdi
SunGard's Valdi provides equities, futures, fixed income and options traders with multi-asset trading solutions on 170+ markets worldwide. Valdi global trading solutions support the entire trade lifecycle, including integrated trade and order management systems, execution services, market data, risk management, compliance, and clearing and settlement services. Also offering global connectivity via the SunGard Global Network (SGN), SunGard's Valdi helps customers achieve increased performance and low latency 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 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 was ranked 434 on the Fortune 500 in 2011. Look for us wherever the mission is critical. For more information, please visit www.sungard.com