SunGard propels connectivity with Colombia 24 May 2012Bogota Reporter: Georgina Lavers
Image: Shutterstock
Bolsa de Valores de Colombia (BVC), the official Securities Exchange of Colombia, has certified SunGard as an international market data provider.
SunGard will source market data directly from the exchange and distribute it globally via the SunGard Global Network (SGN), which provides multi-asset order-routing capabilities for institutional asset managers, hedge funds and broker dealers.
The addition of market data will complement SunGard’s existing connectivity in Colombia: BVC certified the SunGard Valdi software platform for Exchange members to use on the BVC trading engine in November 2011.
Maria-Jose Ramirez, commercial vice president at Bolsa de Valores de Colombia, said, “BVC is a trading destination not only for trading participants in Latin America, but increasingly for European and American financial institutions.”
Philippe Carré, global head of connectivity of SunGard capital markets business, said: “Access to Bolsa de Valores de Colombia’s real-time data and brokerage trading connectivity through Exchange members can help SGN members increase their trading efficiencies and take advantage of the growth opportunities in this emerging market.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Shutterstock 