SunGard's Stream GMI Adds New Support for Products Traded on Brazil's BM&FBOVESPA Exchange
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SunGard's Stream GMI Adds New Support for Products Traded on Brazil's BM&FBOVESPA Exchange

São Paulo : Brazil | Sep 04, 2012 at 9:11 AM PDT
Source: PRWeb
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The new functionality in Stream GMI helps automate the process of clearing, settlement and recordkeeping of futures, options on futures and options on spots, helping improve the efficiency of post-trade processing of these instruments. FX conversion rates and open trade equity calculations.

Laurent Jacquemin, executive vice president of post-trade derivatives for SunGard’s capital markets business, said, “Brazil continues to attract foreign investors and brokers that want to leverage the country’s economic growth. Stream GMI’s enhanced functionality helps improve their access to cleared derivatives in Brazil while helping these firms reduce risk and increase efficiency through automation.”

About SunGard’s Stream GMI

A clearing and accounting system for global exchange-traded derivatives, futures and options, SunGard’s Stream GMI supports the activities of clearing firms, securities firms, brokerage houses, and other participants in derivatives trading, such as multi-national agriculture and energy companies. Stream GMI links to exchanges worldwide for access to pricing updates, margins and risk arrays. Customers use Stream GMI to help eliminate manual processes and consolidate data in a single integrated accounting system, control costs and increase competitiveness. For more information, please visit http://www.sungard.com/stream.

About SunGard

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 http://www.sungard.com.

Trademark Information: SunGard and the SunGard logo 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.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/9/prweb9859245.htm

 
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