Kepler Capital Markets, a European financial services firm, has expanded its use of SunGard’s Software-as-a-Service (SaaS)-based Valdi solution to add access to UBS MTF, the multilateral trading facility operated by UBS.
Kepler already uses SunGard’s Valdi for access to numerous other trading venues, including BATS Chi-X Europe and other European stock exchanges. The firm expanded its use of Valdi as part of its plans to achieve agile growth through new market access.
"UBS MTF has a clear objective to provide high quality liquidity to UBS clients and UBS MTF members. Efficient and effective provision of access by SunGard helps give firms an easier way to go live and access the liquidity of UBS MTF" said Richard Semark, CEO of UBS MTF.
Thomas Biotteau, head of execution for Kepler Capital Markets said: “SunGard’s Valdi smart order router and SaaS-based connectivity services help us achieve price improvements for our clients by helping us capture the liquidity available on existing and new trading venues. Valdi also helps us find liquidity that is unavailable to other brokers. In addition, it helps us lower our overall trading costs, creating savings that we can share with our clients.”
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