The Tradetech Daily

SunGard — Valdi

SunGard — Valdi

The Valdi execution management system is a multi-asset hosted execution management system that provides complete order lifecycle management. The user interface is based on Valdi Trader, a global industry-standard order management and trading workstation that is deployed by more than 1,000 client organisations.

SunGard’s low-latency, broker-neutral architecture allows buy-side desks to collate and manage orders from their portfolio desks and then to trade them across 120+ markets worldwide. Asset classes covered includes cash, derivatives and bonds.

Clients

Sungard’s top clients are a mix of international
players with a regional presence and large local players with strong domestic
presence together. Other clients span retail traders, institutional traders,
prop traders, private banks, prime brokers and hedge funds.

Connectivity and functionality

Valdi offers DMA and high-touch trading for
equities and derivatives listed on 130+ exchanges and other liquidity pools
worldwide. The Valdi gateways and screens are tailored to local markets.
SunGard offers a range of 16 algo strategies over the platform, ranging from
iceberg orders to VWAP.

SunGard’s managed service also offers management of
technology and connectivity, while the SunGard Global Network enables links to
over 500 brokers for the widest market coverage.

Sourcing options

Valdi is available via an enterprise or application
service provider solution, as well as through a fully managed option.

Pre- and post-trade analytics

Valdi Selector provides a pre-trade risk management architecture that
allows control of limits on a variety of dimensions and levels. Stream Instant
Control offers intraday margining and portfolio monitoring solution for listed
and OTC cleared derivatives. SunGard’s Protegent offers market abuse
surveillance capabilities