To help adapt to industry change, a group of financial services firms in Singapore have migrated their operations to SunGard’s managed services.
Using SunGard’s services, the group will be able to optimise performance, boost cost efficiencies, leverage new technologies and focus on serving their clients.
Firms who have chosen to use SunGard include the Securities Association of Singapore, made up of AmFraser, CIMB Securities, BDS Vickers, DMG & Partners, Lim & Tan, Phillip Securities and UOB Kay Hian.
Already using SunGard’s Valdi trading platform, the firms will now run the latest version of the solution as a managed service co-located at the Singapore Exchange.
Nasser Khodi, managing director, Asia Pacific for SunGard, said: “Asia’s trading landscape continues to evolve with cross-asset and multi-market trading. As such, many firms in the region are looking to rationalise technology vendor relationships to support their spectrum of software and service requirements.”
“This helps them to leverage third party expertise so they can focus their efforts on core business strategies that enable them to successfully capitalise on this market change.”
He added: “By providing a combination of software and technology services, SunGard is committed to helping all of these regional firms grow their businesses by providing their clients with enhanced trading solutions to fit their changing needs.”
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