SunGard Speeds Securities Lending Data

SunGard will next month roll out a soft launch of same-day securities lending data via its Astec Analytics division’s web-based Lending Pit securities lending data platform, providing clients with more timely information on market activity to better gauge market sentiment, and support lending and borrowing decisions.

The same-day data will initially be made available to a small group of the vendor’s largest clients in July, with general availability scheduled for Aug. 1 for all Lending Pit users

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