Guotai Junan Securities Selects SunGard's GL Stream to Help Manage Client Connectivity
Guotai Junan Securities (Guotai), one of the top five securities firms in China, has selected SunGard's GL Stream order management solution to help manage the orders from its mainland China clients.
London, UK (Vocus/PRWEB ) May 14, 2009 -- Guotai Junan Securities (Guotai), one of the top five securities firms in China, has selected SunGard's GL Stream order management solution to help manage the orders from its mainland China clients. SunGard's GL Stream will also help Guotai to target new buy-side firms in China and overseas.
SunGard's GL Stream will support Guotai's traders in collecting direct market access (DMA) or non-direct market access orders from Chinese or international investors who want to invest on the Securities Exchange of Hong Kong (SEHK). The solution will also help Guotai to manage orders sent to the SEHK, receive FIX orders and create new trading strategies.
Eric Lee, executive director of Guotai Junan Securities, commented: "With GL Stream, SunGard offers us a functionally-rich trading platform dedicated to trading in Hong Kong. It helps us to monitor all our trading activity and allows us to provide DMA connectivity and advanced execution services to our clients. SunGard's GL Stream is a key component of our strategy to establish stronger connections with new and existing institutional clients."
Franck Peltier, managing director of SunGard's global trading business in Asia, added: "China's buy-side firms are investing more and more in Hong Kong and foreign markets. Hong Kong brokers therefore have an increased need for order management systems. Guotai's selection of SunGard validates our commitment to supporting sell-side and buy-side institutions in emerging economies reach their development objectives."
About Guotai Junan Securities
Guotai Junan (Hong Kong) Limited deliver comprehensive and quality securities and financial services to clients, Guotai Junan is amongst the top five securities firms in the People's Republic of China (PRC) with a large capital base. Our major business include Securities Brokerage, Corporate Finance, Assets Management, Futures Brokerage and Securities Investment consultancy, etc.
With an insight in the national intelligence of the PRC and the financial market in Hong Kong, together with a team of experienced expertise, Guotai Junan (Hong Kong) Limited has established a solid foundation and is well known in the PRC and Hong Kong. The Company has comprehensive sales network and channels building on its excellent relationship with the institutions both in the PRC and around the world.
About SunGard's GL Stream
The GL Stream suite provides a comprehensive response to the challenges of global electronic trading. GL Stream ASP for Market Access is a fully managed and cost-effective solution for exchange connectivity, based on hosted and mutualized market gateways. GL Stream for Liquidity Management is a suite of capabilities for trading of instruments across multiple competing venues: exchanges, ECNs, MTFs, dark pools and in-house matching engines.
About SunGard
SunGard is one of the world's leading software and IT services companies. SunGard serves more than 25,000 customers in more than 70 countries, including the world's 25 largest financial services companies.
SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software.
With annual revenue exceeding $5 billion, SunGard is ranked 435 on the Fortune 500 and is the largest privately held business software and services company on the Forbes list of private businesses. Based on information compiled by Datamonitor*, SunGard is the third largest provider of business applications software after Oracle and SAP. Continuity, Insurance & Risk has recognized SunGard as service provider of the year an unprecedented five times. For more information, please visit SunGard at www.sungard.com
*January 2009 Technology Vendors Financial Database Tracker http://www.datamonitor.com
Trademark Information: SunGard, the SunGard logo, and GL Stream are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
###
Post Comment:
Trackback URL: http://www.prweb.com/pingpr.php/U3VtbS1Qcm9mLU1hZ24tQ3Jhcy1TcXVhLUNvdXAtWmVybw==
Bookmark -
Del.icio.us |
Furl It |
Technorati |
Ask |
MyWeb |
Propeller |
Live Bookmarks |
Newsvine |
TailRank |
Reddit |
Slashdot |
Digg |
Stumbleupon |
Google Bookmarks |
Sphere |
Blink It |
Spurl
|
