In addition to SGN connectivity, MeritKapital is using SunGard’s Valdi for pre-trade risk management. Valdi is integrated with SGN for improved control over the order flow.
Persella Ioannides, managing director at MeritKapital Ltd, said, “SunGard’s SGN provides MeritKapital with integrated and reliable trading solutions. Using SunGard, we can now offer our clients efficient algorithmic trading and low latency connectivity to exchanges around the world.”
Philippe Carré, global head of connectivity for SunGard’s capital markets business, said, “The SunGard Global Network can help brokers based in financial centers such as Cyprus provide financial institutions with rapid access to new countries and trading venues.”
About MeritKapital Limited
MeritKapital is an investment firm that, in addition to brokerage services, also offers asset management, corporate finance and custody services. It is affiliated, through common ownership, to Cyprus based Meritservus;
About the SunGard Global Network (SGN)
A trade automation and connectivity solution, the SunGard Global Network links institutions throughout the financial services value chain, offering services for equities, fixed income, listed derivatives, mutual funds, money market funds and other cash equivalents. SGN helps automate the entire trade lifecycle, from order execution through to post-trade processing. It facilitates trading on over 120 markets worldwide and links more than 2,000 asset managers with over 530 brokers, as well as interconnecting with major third-party order-routing networks. SGN’s international connectivity hubs also support low latency market data delivery from global markets.
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, 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 of about $4.5 billion, SunGard is the largest privately held software and services company and was ranked 480 on the Fortune 500. For more information, please visit www.sungard.com.