The NYSE, a subsidiary of NYSE Euronext (NYX), is providing market data, news and alerting capabilities for NYSE listed companies through its NYSE Market Access Center(SM) using data management solutions jointly developed with SunGard. NYSE's Market Access Center Alerts provide real-time access to trading information and news driving today's dynamic markets. The service uses SunGard's Fame real-time data feed, charting and reporting capabilities, news management system and a new complex alerting system to deliver results to issuers' wireless devices. SunGard also provided consulting services including project management, requirements analysis, and change management; integration expertise in terms of connectivity and ASP delivery, user acceptance testing and final launch.
Joseph Mecane, executive vice president of NYSE Euronext, said, "NYSE's market information tools are a key component of our value proposition to listed companies and this is a significant enhancement to our growing suite of services. We chose SunGard as our partner due to its experience and expertise which has helped us to launch NYSE Market Access Center Alerts. With Fame, we are able to deliver relevant, complex alerting to busy investor relations and chief financial officers with the flexibility to incorporate additional data sources in the future."
For NYSE, SunGard's Fame delivers results based on real-time pricing data from North American exchanges and news from Dow Jones Newswires to NYSE's issuers' desktops and wireless devices. Fame's new complex alerting capability goes beyond 'new news' and 'limit quote' alerts to provide customizable alarm triggers and delivery. It maps news to the movement of prices and volumes on securities and, as customized by the user, provides updates on stock rating changes, earnings announcements, merger and acquisition activity and companies added or removed from major indices. Fame's market data, news and alerting capabilities provided to NYSE are fully hosted by SunGard, helping NYSE reduce maintenance and support, ensure 24/7 availability, and meet time-to-market objectives on new offerings.
Developed using SunGard's Common Services Architecture (CSA)*, Fame can be deployed as an end-to-end data management solution or as individual components for real-time and time series market data, historical financial data management, desktop solutions, data delivery via HTML, XML or dynamic Java-based content, analytical modelling tools, and managed data services.
Janet Crowley, general manager of SunGard's Fame business unit, said, "SunGard's financial data solutions provide a solid foundation for NYSE's expanded service offerings and sustained leadership in market intelligence services. Through consolidated feeds and flexible delivery methods, SunGard helps NYSE to focus on enhancing the end-user experience by providing timely, unique and customized information, and actionable alerts based on a meaningful combination of market events."
Showing posts with label SunGard. Show all posts
Showing posts with label SunGard. Show all posts
Thursday, 30 October 2008
Wednesday, 29 October 2008
Ambit Payments Now on Sungard
SunGard has packaged its Ambit Payments solution together with Sun Microsystems' software and hardware to deliver a pre-tested and pre-configured solution for corporate payments. The new solution, Ambit Corporate Payments Express, will be offered as an "off-the-shelf" solution that will help banks capture new corporate payments and cash management services business (www.sungard.com/ambit).
Ambit Corporate Payments Express will offer banks a cash management and payments solution for corporate services, which can scale easily as more clients are acquired and more users are needed. A SOX-compliant white-labelled solution, it is designed to help provide secure payments processing, support multiple formats, payments and instruments, and help achieve ease of integration and connection. Banks will be able to offer corporate clients a global payments service that will help streamline the processing and management of payments and account statements, improve visibility into payment streams and cash flows, and manage the complexity of connectivity with internal and external systems - including SWIFT.
The solution will be deployed on selected Sun SPARC Enterprise CMT servers with CoolThreads technology. It will also be deployed on Intel Xeon Sun Fire x64 server platforms running Solaris Cluster technology in combination with GlassFish (standards-based Java EE), Java CAPS Financial EAI and the MySQL database servers. Sun systems with CoolThreads technology will help customers tackle the demands of secure Web-scale computing while helping to reduce space and energy consumption.
Ambreesh Khanna, global head of financial services at Sun Microsystems, commented: "By leveraging Sun's technology, SunGard has created a unique pre-packaged corporate payments solution. We expect that Ambit Corporate Payments Express will help banks improve time-to-market and reduce risk as the solution has been tested, benchmarked and pre-configured. The solution's underlying infrastructure software and hardware stack has been optimized for performance, allowing banks to host a maximum number of corporate clients on a single configuration, helping to improve total cost-of-ownership."
Kevin Ferguson, senior vice president, business development for SunGard's banks and corporation business, said: "In today's volatile climate, corporations are focused on improving their liquidity management and are relying on their bank to provide the appropriate services. Additionally, banks are looking to capture new corporate customers by entering new areas. They must therefore be able to offer payment services that assist with automation, process optimization and international expansion. Ambit Corporate Payments Express will help banks offer these services quickly and efficiently."
Ambit Corporate Payments Express will offer banks a cash management and payments solution for corporate services, which can scale easily as more clients are acquired and more users are needed. A SOX-compliant white-labelled solution, it is designed to help provide secure payments processing, support multiple formats, payments and instruments, and help achieve ease of integration and connection. Banks will be able to offer corporate clients a global payments service that will help streamline the processing and management of payments and account statements, improve visibility into payment streams and cash flows, and manage the complexity of connectivity with internal and external systems - including SWIFT.
The solution will be deployed on selected Sun SPARC Enterprise CMT servers with CoolThreads technology. It will also be deployed on Intel Xeon Sun Fire x64 server platforms running Solaris Cluster technology in combination with GlassFish (standards-based Java EE), Java CAPS Financial EAI and the MySQL database servers. Sun systems with CoolThreads technology will help customers tackle the demands of secure Web-scale computing while helping to reduce space and energy consumption.
Ambreesh Khanna, global head of financial services at Sun Microsystems, commented: "By leveraging Sun's technology, SunGard has created a unique pre-packaged corporate payments solution. We expect that Ambit Corporate Payments Express will help banks improve time-to-market and reduce risk as the solution has been tested, benchmarked and pre-configured. The solution's underlying infrastructure software and hardware stack has been optimized for performance, allowing banks to host a maximum number of corporate clients on a single configuration, helping to improve total cost-of-ownership."
Kevin Ferguson, senior vice president, business development for SunGard's banks and corporation business, said: "In today's volatile climate, corporations are focused on improving their liquidity management and are relying on their bank to provide the appropriate services. Additionally, banks are looking to capture new corporate customers by entering new areas. They must therefore be able to offer payment services that assist with automation, process optimization and international expansion. Ambit Corporate Payments Express will help banks offer these services quickly and efficiently."
Tuesday, 21 October 2008
Ambit
Ambit is a banking solution suite for retail, commercial and private banks. It provides banking professionals with solutions that support front-, middle- and back-office operations, as well as solutions for financial management, risk and compliance. Ambit helps banks improve customer service management, streamline business processes, comply with regulations and capture growth opportunities.
Tuesday, 7 October 2008
SunGard Claims Short Selling Protection
SunGard's Protegent suite of compliance solutions supports financial services firms' efforts in managing the temporary, emergency short-selling ban enacted by the Securities Exchange Commission (SEC) on the shares of more than 800 financial companies. Current Protegent customers are already equipped to rapidly comply with the order and closely monitor short selling trends of employees.
The latest release of Protegent PTA, an employee trading and code of ethics compliance solution, provides rule logic to help firms monitor and prevent short selling of securities of the publicly-traded financial services firms on the SEC's list. Protegent PTA's new "Restricted List by Activity Type" rule logic, as well as its existing short selling rule, helps firms to prevent the short selling of these securities. SunGard is providing a restricted list of the included financial firms to customers of the latest version of Protegent PTA that can easily be uploaded into the application, as well as issuing step-by-step documentation on how to configure, test, and implement the rule.
Protegent Trading Compliance, a compliance lifecycle and business management solution for institutional equities trading businesses, provides firms the ability to monitor all sell short customer orders for securities located on the threshold list. This information is archived, maintained for three years, and readily accessible within Protegent Trading Compliance. With this information readily available in one system, firms can perform their due diligence, research and surveillance on any short sale transaction in any security on a threshold list. Protegent Trading Compliance also provides the tools to monitor, research, and react to regulatory inquiries in a timely fashion.
SunGard's Protegent Surveillance, a software application for brokerage compliance, is able to highlight the potentially unsuitable activity associated with short selling and naked short selling, through its T + 1 alerting feature. As a rules-based compliance solution, Protegent Surveillance helps mitigate internal and regulatory risk by identifying questionable transactions and positions, improving field supervision processes and audits and analyzing client and account activity against firm defined mandates.
"Financial services firms consistently rely on SunGard to help them quickly adapt to volatile market conditions and corresponding regulatory changes," said Raj Mahajan, president of SunGard's Trading business. "Our customers can continue to depend on our ability to respond proactively to these changes to help them to maintain compliance and protect the interests of their firms and clients."
The latest release of Protegent PTA, an employee trading and code of ethics compliance solution, provides rule logic to help firms monitor and prevent short selling of securities of the publicly-traded financial services firms on the SEC's list. Protegent PTA's new "Restricted List by Activity Type" rule logic, as well as its existing short selling rule, helps firms to prevent the short selling of these securities. SunGard is providing a restricted list of the included financial firms to customers of the latest version of Protegent PTA that can easily be uploaded into the application, as well as issuing step-by-step documentation on how to configure, test, and implement the rule.
Protegent Trading Compliance, a compliance lifecycle and business management solution for institutional equities trading businesses, provides firms the ability to monitor all sell short customer orders for securities located on the threshold list. This information is archived, maintained for three years, and readily accessible within Protegent Trading Compliance. With this information readily available in one system, firms can perform their due diligence, research and surveillance on any short sale transaction in any security on a threshold list. Protegent Trading Compliance also provides the tools to monitor, research, and react to regulatory inquiries in a timely fashion.
SunGard's Protegent Surveillance, a software application for brokerage compliance, is able to highlight the potentially unsuitable activity associated with short selling and naked short selling, through its T + 1 alerting feature. As a rules-based compliance solution, Protegent Surveillance helps mitigate internal and regulatory risk by identifying questionable transactions and positions, improving field supervision processes and audits and analyzing client and account activity against firm defined mandates.
"Financial services firms consistently rely on SunGard to help them quickly adapt to volatile market conditions and corresponding regulatory changes," said Raj Mahajan, president of SunGard's Trading business. "Our customers can continue to depend on our ability to respond proactively to these changes to help them to maintain compliance and protect the interests of their firms and clients."
Wednesday, 1 October 2008
Protegent
SunGard's Protegent solutions for compliance, suitability and new account opening help retail and institutional investment firms oversee business processes relating to client acquisition and suitability, including Know Your Customer and OFAC list checking, as well as employees' personal trading and code of ethics, while helping reduce expenses and address regulatory requirements. Protegent supports supervision and practice, helps streamline the compliance life cycle, proactively monitors trades and provides comprehensive auditing and reporting.
Wednesday, 10 September 2008
SunGard Ambit Apsys Selected by JFE Hottinger
JFE Hottinger & CO (JFE), a Swiss private asset management firm, has selected SunGard’s Ambit Apsys to provide it with a scalable platform that will accommodate volume increases in portfolio and transaction management and help the firm offer its high net worth clients a complete customer service solution.
SunGard’s Ambit Apsys is a core banking offering tailored specifically to the private banking sector. It allows wealth management professionals to view and manage investor’s diverse assets, as well as aggregate, allocate, optimize and monitor client portfolios. Using Ambit, JFE will also be able to gain a complete view of their clients across the front-, middle-, and back-office through extensive customer reporting functions.
Alain Zerzuben, managing director at JFE, commented, “We chose SunGard primarily because of its strong reputation in the private banking arena. We felt they would be well positioned to understand and support our ambitious growth plans. Against a rapid four-month implementation time-frame, we are confident that SunGard can deliver what we need.”
Daniel Bardini, group vice-president for private banking solutions at SunGard, said, “We are pleased that JFE has selected our Ambit Apsys solution. Through broad experience and a strong implementation record, we know that Ambit Apsys is well-equipped to meet the needs of private banks both large and small in helping to improve efficiency, facilitate business and enhance customer relations.
SunGard’s Ambit Apsys is a core banking offering tailored specifically to the private banking sector. It allows wealth management professionals to view and manage investor’s diverse assets, as well as aggregate, allocate, optimize and monitor client portfolios. Using Ambit, JFE will also be able to gain a complete view of their clients across the front-, middle-, and back-office through extensive customer reporting functions.
Alain Zerzuben, managing director at JFE, commented, “We chose SunGard primarily because of its strong reputation in the private banking arena. We felt they would be well positioned to understand and support our ambitious growth plans. Against a rapid four-month implementation time-frame, we are confident that SunGard can deliver what we need.”
Daniel Bardini, group vice-president for private banking solutions at SunGard, said, “We are pleased that JFE has selected our Ambit Apsys solution. Through broad experience and a strong implementation record, we know that Ambit Apsys is well-equipped to meet the needs of private banks both large and small in helping to improve efficiency, facilitate business and enhance customer relations.
Subscribe to:
Comments (Atom)