OTP Bank Goes Live with Valdi
Eastern Europe's OTP Bank has gone live with SunGard's Valdi trading and order management suite of solutions.
The bank's trading floor will use the multi-asset Valdi front-end to connect to the Budapest Stock Exchange for trading equities, commodities and derivatives. It also plans to add access to the Frankfurt Stock Exchange's Xetra trading platform, as well as international markets through Valdi. The firm will also offer brokerage activities through the SunGard Global Network (SGN) for clients interested in trading stocks and contracts listed on the Budapest Stock Exchange.
"We implemented SunGard's Valdi and SGN solutions in order to help automate our trading floor operations," says Robert Barlai, managing director at OTP Bank. "These solutions are helping our trading floor function more effectively on the Budapest Stock Exchange while helping the bank to expand its trading activities beyond Hungary and better serve international clients. We are confident in SunGard's experience and expertise in Central and Eastern Europe as trading activity in the region consolidates onto fewer venues and as trading platforms evolve. SunGard's scalable solutions will support our business in the years to come, both in Hungary and abroad."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Chris Edmonds takes the reins at ICE Fixed Income and Data Services
Edmonds is now leading ICE’s fixed income and data business as the rush to provide better data and analytics in fixed income builds.
Systematic tools gain favor in fixed income
Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.
Waters Wrap: Examining the changing EMS landscape
After LSEG’s decision to sunset Redi, Anthony examines what might lie ahead for the EMS space.
This Week: Clear Street, AXA/AWS, TD Bank/Google Cloud and more
A summary of the latest financial technology news.
LSEG to sunset Redi EMS in favor of Tora
Sources say competitors will look to seize on the decision to win over Redi’s sizeable US client base.
WatersTechnology latest edition
Check out our latest edition, plus more than 10 years of our best content.
Getting aggressive: Overbond uses AI to assess dealer axes
The fixed-income analytics specialist has developed a new tool to help buy-side firms decide if they’re getting a good price from their dealers.
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Deutsche Börse democratizes data with Marketplace offering
- Sell-Side Technology Awards 2024: All the winners