SunGard said that the Valdi Order Validator will provide customers with a risk control platform that will help them manage risk without compromising speed.
According to the SunGard, the Valdi Order Validator is a distributed system, and provides a centralized view of trading activity and control on multiple routes and access points, supporting collocation at several venues and exchanges.
Valdi Order Validator will help broker-dealers and clearing firms monitor and manage trading exposure in real-time to help avoid potential violations of trading limits and position exposure.
SunGard global trading business president Raj Mahajan said with Valdi Order Validator, SunGard is helping customers protect their firms by effectively monitoring their order flow and by providing a single view across all clients trading activity in a real-time controllable environment.