Who's Number Three?

- WatersTechnology Staff
- 01 Aug 2008

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The deal makes absolute sense considering the strengths each vendor has in its respective domestic markets. SunGard has always come in third behind GL Trade and Fidessa in Europe and GL Trade barely has a toehold in North America compared to SunGard and Fidessa.

Aside from geography, GL Trade offers platforms for derivatives and fixed-income trading, which complement SunGard's portfolio of offerings.

The good news for SunGard and GL Trade clients is that this acquisition is happening after SunGard

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