SunGard launched Valdi, a new trading solutions suite. SunGards Valdi helps firms trade multiple asset classes and source new liquidity for growth while managing costs. Valdi provides global trade order management, integrated direct market access, compliance, liquidity solutions and hosted services.
SunGards strategy is to help traders become more competitive by providing them with the ability to trade multiple asset classes, while reducing costs by integrating liquidity services, clearing and compliance solutions. In the first phase of its global rollout, SunGard today launched Valdi OMS in the Americas and Valdi hosted smart order routing and liquidity solutions in Europe.
Our strategy is to help broker-dealers generate new revenue and intelligently and cost-effectively navigate the global trading environment, says Raj Mahajan, president of SunGards trading business. Valdi bolsters that strategy by providing integrated OMS and execution technologies, along with real-time, multi-asset trading activity, exposure and risk information. By focusing on ASP-based delivery models and hosted services, Valdi also helps address our customers need for faster deployment with no ongoing maintenance, so that they can focus on revenue-generation and core competencies.
The new Valdi OMS is an integrated, ASP-based, order, execution and risk management system for equities and options trading in the Americas, with integrated functionality for liquidity services, listed options trading and risk management from Assent and MicroHedge, now branded as Valdi Liquidity Solutions and Valdi Options Solutions, respectively. The new Valdi OMS incorporates the best components from the Brass and GL order management systems. SunGard will continue to offer customers support for the Brass OMS.
In Europe, SunGard launched new hosted Valdi services that deliver market-neutral smart order routing and algorithmic trading to broker-dealers, expanding SunGards global provision of low-latency, ASP-based market access via GL Stream. Valdi hosted services offer customers a new way to manage costs and reduce technology and operational burdens by providing trading technology as a managed service, coupled with a transaction-based payment model, reducing upfront investment and ongoing technology maintenance costs.
Valdi solutions are complementary to SunGards enterprise position control solution, Front Arena, which is used by customers that require a dedicated infrastructure to handle execution to settlement across the capital markets.
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