SunGard And Advent Team Up To Launch STP Alliance
ORDER MANAGEMENT
SAN FRANCISCO--In an unexpected move, SunGard Data Systems and Advent Software have teamed up in a straight through processing--driven alliance. When the smoke clears, Advent's clients will be able to route equity orders through Advent's Moxy (R) FIX service to SunGard Direct through SunGard's Transaction Network.
Advent, which offers front, middle, and back office products to some 5,800 investment banks, says they will benefit by being linked to participating brokers and execution sites. The
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