Thai broker KT ZMICO securities goes live with SunGard solution
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Thai broker KT ZMICO securities goes live with SunGard solution 17 April 2012Bangkok Reporter: Georgina Lavers
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Thai brokerage firm KT ZMICO Securities is live with SunGard’s Valdi trading in order to streamline its trading on the Thai Stock Exchange (SET).
Valdi is a connectivity and market making solution suite to help automate trading activities into one integrated trading screen.
KT ZMICO selected SunGard’s Valdi trading and connectivity suite to deal electronically, help reduce operational risk and collect orders from various sources, including the SunGard Global Network, an order routing network.
Chaipatr Srivisarvacha, executive chairman of KT ZMICO Securities, said: "KT ZMICO can electronically issue its derivatives warrants on the SET and automate its trading business with SunGard’s Valdi suite, thus helping bring more liquidity to the exchange. This is a major breakthrough for the SET because many international investors still consider it to be an emerging market. SunGard can help us bring innovation to the Thai financial industry and assist us in generating more revenue.”
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