Orange Connects To SunGard's Trading Networks

Orange Business Services Trading Solutions, a convergent voice and electronic trading infrastructure and services for trading communities, is linking its network to SunGards GL Net, a low latency market data and order routing network. Bringing together the two companies networks

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Orange Business Services – Trading Solutions, a convergent voice and electronic trading infrastructure and services for trading communities, is linking its network to SunGards GL Net, a low latency market data and order routing network. Bringing together the two companies networks will help customers who use either network to benefit from the ability to reach a wider financial services community and utilise additional services.

Work on interconnecting the two networks started earlier this month. Once live, existing Orange Business Services – Trading Solutions customers will have immediate access to SunGards GL Net community, an ASP-based platform that connects market makers to 80 exchanges and other market centers, including the London Stock Exchange, Nasdaq and NYSE-Euronext. SunGards customers will benefit from Orange Business Services – Trading Solutions voice and data connectivity solutions.

Providing access to the connectivity delivered via Orange Business Services – Trading Solutions network will give our customers the ability to use a secure, convergent network, says Philippe Carr, global head of connectivity for SunGards global trading business

Adding SunGards ASP platform to our MPLS network strengthens our community by delivering instant direct access to trade on multiple markets around the world, says Sbastien Jaouen, head of trading community services, Orange Business Services – Trading Solutions.

D.C.

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