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."
© Finextra Research 2014