SunGard has extended its Software-as-a-Service (SaaS)-based Valdi trading solutions to offer simplified and cost-effective access to the European Energy Exchange (EEX). EEX develops, operates and connects secure, liquid and transparent trading venues for energy and related products such as electricity, natural gas, CO2 emission allowances and coal.
"SunGard's Valdi solution offers a cost-effective and efficient way for our members and their DMA clients to access the EEX markets and will help facilitate the access of new participants to our exchange." - Steffen Köhler, chief operating officer of EEX
The continued challenging conditions in the European equities markets are pushing banks, brokers and fund managers to diversify their investments through commodity and derivatives trading. With its Valdi solution suite, SunGard is helping by providing connectivity to more than 30 energy and commodities exchanges across the globe, including EEX.
Furthermore, as a hosted service, SunGard's Valdi helps reduce the cost of owning and managing a trading technology infrastructure while helping firms trade on global exchanges from any Valdi workstation or FIX application.
© Finextra Research 2014