Valdi to be used for automated and program trading, multi-leg and inter-product/cross-market strategies, and algorithmic trading.
BZ WBK Brokerage has selected SunGard's Valdi order management system (OMS) for trading on the Warsaw Stock Exchange (WSE).
The Polish broker also joins SunGard's Global Network and will use Valdi for automated and program trading, multi-leg and inter-product/cross-market strategies, and algorithmic trading.
"SunGard's Valdi OMS and trading tools provide comprehensive and proven functionality for our trading floor and market-making team," says Piotr Busz, IT director at BZ WBK Brokerage. "We will use the solution's connectivity features and the SunGard Global Network membership to access international markets, and help us expand services to our clients."
More from Sell Side Technology
Updating your subscription status
Entries to the Sell-Side Technology Awards 2015 now open
Entries to the 3rd annual Sell-Side Technology Awards are now open. The awards are open to all third-party vendors serving the sell side. Full entry criteria, the list of 2013 and 2014 winners, and descriptions of the 28 categories on offer for this year's program can be found on the SST Awards website.
The catalyst for change in client reporting is a more empowered, digitally aware consumer. Excellence of service delivery will be key to investment managers...
Without a consistent source of data and limited functionalities in existing systems, firms are unable to perform tasks that are becoming increasingly important...