Fator Securities selects SunGard for trade management and global connectivity

Source: SunGard

Fator Securities LLC, a U.S. broker-dealer serving as the U.S. distribution arm of the Fator group of companies in Brazil, has selected SunGard's Valdi Order Management System (OMS) for trade management and SunGard Global Network (SGN) for global connectivity.

Fator Securities provides asset managers, broker-dealers and other investment professionals with brokerage and trading solutions as well as electronic market access to Latin American exchanges. SunGard's solutions will help Fator Securities manage trade execution, trade automation and connectivity to more than 120 markets and 500 brokers worldwide. Using solutions from a single provider will help Fator Securities decrease its technology costs, increase operational efficiencies and access new sources of liquidity.

Valdi OMS provides a consolidated view of trading activity with access to global markets and multiple asset classes. It will help Fator Securities expand its business by helping it monitor positions and manage risk around the world on one screen. The SunGard Global Network (SGN) provides financial institutions with global connectivity to equities and derivatives exchanges around the world.

Erminio Lucci, head of sales and trading for Fator Securities, said, "We selected SunGard to help us automate workflow, lower costs and increase revenue through the ability to source new liquidity through SGN. By using SunGard for order management and global connectivity we can rely on one strategic vendor partner to help us grow our business."

Philippe Carré, global head of connectivity for SunGard's capital markets business, said, "SunGard will help Fator Securities trade more efficiently in the United States and in Latin America by providing low latency connectivity and order and execution management from one screen." 

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