SunGard said that it would help customers reduce their overall trading and infrastructure costs by monetizing order flow executed through its execution and clearing services. SunGard also helps customers gain transparency into their trading process and improve efficiencies by automating the trade lifecycle.
Raj Mahajan, president of trading business at SunGard, said: “Expanding SunGard’s global trading services enhances SunGard’s global network, providing access to more markets. With our new broker-dealer in Europe, SunGard can provide US and European customers with one access point to nearly 100% of displayed liquidity.
“This will help customers achieve best execution at a reduced cost. Offering a global integrated trading platform and execution, risk, clearing and compliance services, SunGard is able to automate and streamline every point of the trade lifecycle, helping our customers increase revenues, improve processing efficiencies, manage risk and reduce costs.”