Sanford C. Bernstein Gets Polished Brass for Matching Equities
OPERATIONS AND STP
NEW YORK--Alliance Capital's Sanford C. Bernstein broker-dealer unit will be implementing over the coming months a customized version of SunGard's Brass order management system (OMS) for OTC stocks.
The Bernstein version will use an interface from SunGard Business Integration offerings (the former Mint middleware) to perform equity order matching with Omgeo's Oasys Direct service. The new version is scheduled to be delivered sometime in the fourth quarter, says Robert Maione, senior vice
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