Polish Broker Alior Bank Selects SunGard’s Valdi Solution
August 9, 2012 — Warsaw, Poland
Biuro Maklerskie Alior Banku (Alior Bank), the brokerage house of Polish Alior Bank, part of Italy’s Carlo Tassara Group, has selected SunGard’s Valdi trading solution for connectivity to the Warsaw Stock Exchange (WSE).
Alior Bank’s traders will use Valdi’s trading tools for managing their WSE order flow, including Valdi Selector for risk management and Valdi Program Trader for basket trading and index arbitrage capabilities. Alior Bank will also connect its online retail trading platform to the Valdi order management solution for routing orders to the WSE.
Krzysztof Polak, chief executive officer of Alior, said, “SunGard has expertise in the Polish capital markets and extensive project management skills. Valdi’s trading tools and integrated FIX order management features will facilitate our traders’ everyday work and help increase productivity.”
Philippe Carré, global head of connectivity for SunGard’s capital markets business, said, “SunGard can help fast growing firms like Alior Bank leverage the latest technology to trade on their local exchanges while also helping them to connect quickly and easily to global markets.”
About Alior Bank
Biuro Maklerskie Alior Banku (Alior Bank’s Brokerage House) conducts activities under a licence from the Financial Supervision Authority of 5 September 2008. We are a direct participant of the Warsaw Stock Exchange. We operate as a financially and organisationally separate unit within Alior bank’s structures.
Since the start of its activities, Biuro Maklerskie Alior Banku (Alior Bank’s Brokerage House) has been providing comprehensive capital market services, placing particular emphasis on professionalism, innovativeness, security, culture of service and the development of alternative distribution channels.
About SunGard’s Valdi
SunGard’s Valdi is a suite of electronic trading solutions for equities and listed derivatives. Valdi offers fully automated or high touch order management, trade execution and liquidity management; pre- and post-trade risk and compliance; and market data. With a suite of hosted services and connectivity to the SunGard Global Network (SGN), Valdi helps customers cost-effectively execute trades across multiple platforms, instruments and geographies. For more information, please visit www.sungard.com/360trading.
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $4.5 billion, SunGard is the largest privately held software and services company and is ranked 480 on the Fortune 500. For more information, please visit www.sungard.com.
Trademark Information: SunGard, the SunGard logo, the SunGard Global Network and Valdi are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.