Gl winway supports direct market access dma, discretionary and algorithmic orders. Fis global among cloud top 500 software vendors apps run. Mar 05, 2009 financial technology giant sungard has enhanced its offerings for foreign exchange and money market participants following its acquisition of software company gl trade. Sungard formed its global trading business in early 2009 shortly after it acquired vendor gl trade, installing yassine brahim as global head of trading.
With gl connect asp, gl trade hosts and maintains all trading and. Sungard is a provider software and processing solutions for the educational and financial services industries. Gl trade, a parisbased provider of trading solutions, is making a push into the united states and trying to find a niche in the sellside order management systems oms market. Gl trade is a global financial software solutions company, operating in over 50 countries and serving 1,600 clients.
Sa godisnjim prihodom od 5 milijardi dolara, sungard je globalni lider u softverskim i resenjima za preradu za finansijske usluge, visoko obrazovanje i javni sektor. Fnx was acquired by gl trade now part of sungard in 2007. With the shakeup, raj mahajan, formerly sungards president of trading, has taken control of all global trading operations, replacing brahim. Sungard financials is a modular clientserver financial solution, the system may be used as an enterprise wide financial solution or a subsidiary financial system. Sungard s global trading business provides a range of multiasset, front to backoffice trading solutions as well as market connectivity, order routing, client connectivity and order management services. In 2009 the company was acquired by us based sungard, one of the worlds leading software and technology services companies. Mapping and a software connector for each sungard system. Glt today announced that sungard had completed the previously announced acquisition of a majority interest in gl trade, a. About lightspeed ultra low latency direct market access. But critics say the market is already saturated with sungard s brass, royalblues fidessa, andto a lesser extentbloomberg, nyfix and citigroups lava trading. Due to the companys founders pierre gatignol and louischristophe laurent the acronym gl has been instantiated.
The gl net and gl stream solutions are provided by sungard global trading business, formerly known as gl trade. Sungard was an american multinational company based in wayne, pennsylvania, which provided software and. Alcis also uses the gl winway dma trading system with which i am familiar. Dec 24, 2009 about 14 months ago, sungard acquired gl trade, a global financial software solutions company. Exceptional trading, investment and information solutions for. Sungard s product suite is fully fixcompliant, so users can stage orders from thirdparty omss and portfolio management systems. Van, with connectivity available either through the internet or via the gl net. Fis is a provider of financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, consulting, and outsourcing solutions. Top 9 vendors in the global trade management software. Prnewswire sungard public sector, a leading provider of public sector software solutions, today announced its new corporate name and brand, superion, llc. The deal will enable rhb to trade equities and futures directly on exchanges, without having to route orders through sales traders and dealers, allowing it to selfmanage its.
Technavio has announced the top nine leading vendors in their recent global trade management gtm software market report until 2020. Glt today announced that sungard had completed the previously announced acquisition of a majority interest in gl trade, a global financial software solutions company. General ledger, cost, budget, unit valuesnav, commissions and expenses, tabular interest, accounts receivable, accounts payable and cash disbursements. Sungard is a multinational company based in wayne, pennsylvania, which provides software and services to education, financial services, and public sector organizations. Sungard data systems provides software and processing solutions for the financial services industry, higher education, and the public sector in over 70 countries. Sungard launches asp connectivity for brazilian exchange bm. Gl trade sungard is a global financial software company. Sungard and gl trade today announced sungard s intention to acquire a majority stake in gl trade, a global financial software solutions company serving more than 1,600 customers. The rationale was to give european buyside firms better access to sungard s trading product suite and allow sungard s us buyside clients to tap brokers in europe and asia. Sungard completes acquisition of majority interest in gl trade.
Gl winway can connect into sungards gl oms order management. Apr 20, 2010 sungard today launched valdi, a new trading solutions suite that advances its global strategy to be a leading, neutral provider of integrated transaction processing and compliance solutions for brokerdealers. Sungard launches valdi, a new trading solutions suite, as. Sungard global trading has been offering direct connectivity to the london stock. Clear cap group, lakeside automated trading system 1. Pierre gatignol, louischristophe laurent and fradaric morin, together with. Sungard announces intention to acquire gl trade for eur 41. Jan 12, 2010 sungard s post trade for derivatives offering smart gateways gl clearvision gmi gl ubix streamcore instant brokerage credit monitor options watch exchanges clearing houses trading systems gl instant map gl instant control listed derivatives instant fees gl instant web clearing house connectivity middleoffice solution backoffice solution. Sungard global trading formerly gl trade is a leading independent software vendor serving over 500 international financial institutions worldwide. It was formed in 1983, as a spinoff of the computer services division of sun oil company, during a period of low crude oil prices. Gl trade traditionally has been strong in european and. Sungard global trading provides hosted access to the lse a.
Sungard steps up fx focus with gl trade acquisition profit. Headquartered in paris and london, gl trade employs more than 1,400 people. Gl trade provides software solutions for financial intermediaries and brokerage houses. Gl tradesungard is a global financial software company. Open an account brokerage services account types trading software risk management trade. Gl trade is a leading provider of multiasset front to back solutions. The wayne, paheadquartered company completed its acquisition of parisbased gl trade last month, renaming it sungard global trading, and calling the company a perfect fit in terms of trading software across asset. Sungard global trading formerly gl trade is a leading independent. Sungard and gl trade today announced that sungard had completed the previously announced acquisition of a majority interest in gl trade, a global financial software solutions company. Sungard launches asp connectivity for brazilian exchange. Gl net was conceived by sungards global trading business, formerly known as gl trade. If your systems are straining from increased transaction loads, computeintensive applications and an unwavering demand for availability, its time to explore or expand cloud services.
Gl trade is a leading provider of multiasset front to back solutions, connectivity and information services. Us fintech giant sungard has made a binding offer to acquire a majority 64. Fis global strengths, domain expertise, and key differentiators. Gl winway can connect into sungard s gl oms order management product. Oct 01, 2008 sungard and gl trade today announced that sungard had completed the previously announced acquisition of a majority interest in gl trade, a global financial software solutions company. Sungard availability services sungard as helps businesses transform their it environments, ensuring they are resilient and recoverable. Kate deurloo high school teacher lecanto high school. About sungards gl net gl net is a highbandwidth global network, providing order routing and market data delivery services. About 14 months ago, sungard acquired gl trade, a global financial software solutions company. Sep 24, 2009 about sungards gl net gl net is a highbandwidth global network, providing order routing and market data delivery services. See who you know at sungard now part of fis, leverage your professional network, and get hired. The ems enables users to trade across a variety of asset classes, with a specific focus on equities and derivatives trading. With its presence in more than 20 countries, the group partners with major brokers to design and implement their electronic trading infrastructure. Sungard s valdi helps firms trade multiple asset classes and source new liquidity for growth while managing costs.
Seit 2007 arbeitet sungard mit dem deutschen softwareanbieter sap. Who we are, what we do sungard availability services. Due to the companys founders pierre gatignol 2 and louischristophe laurent the acronym gl has been instantiated. Sungard moves to acquire gl trade finextra research. With gl connect asp, gl trade hosts and maintains all trading and market data feed hardware and software, allowing brokers to benefit from a fast market access with minimum investment and technical resources. Access dma capability, thinklink combines the functionality of a trade order. Our suite of production and recovery solutions deliver the resilience essentials your business needs to be available, safe and agile. Sungard gl winway is a multiasset class, brokerneutral buyside trading solution.
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