Eze Castle Integration, Inc., a leading provider of strategic IT solutions and private cloud services to the investment industry, today announced it is expanding its collaboration with SunGard to provide the global hedge fund industry greater access to trading counterparties.
United Kingdom-based firms will now have direct access to the SunGard Global Network (SGN) which connects with 150 trading venues worldwide from Eze Castle Integration's ECI Link Private Network, the communications gateway for more than 500 buy-side firms.
By expanding its trading connectivity to include both the United States and United Kingdom, Eze Castle Integration can meet the growing demand for FIX services that help facilitate domestic and cross-border trading. Eze Castle Integration's ECI Link provides clients with streamlined connectivity and communications to global financial communities. ECI Link combines Internet, FIX, market data, business applications and voice connectivity over a converged, private network to power a firm's trading operations. SGN provides multi-asset order routing capabilities and FIX-based services for institutional asset managers, hedge funds and broker-dealers.
"The SunGard Global Network helps deliver significant value to buy-side firms by uniquely addressing evolving connectivity requirements, investment strategies and regulations," said Vince Tolve, senior vice president, SunGard's brokerage business. "Through this collaboration with Eze Castle Integration, we can link our premier networks to extend access and cross-continent connectivity for buy-side firms across the United States and United Kingdom."
"We have seen an increased demand for streamlined and efficient domestic and cross-border trading from our hedge fund clients. Our expanded connectivity with SunGard helps us fulfill this demand and demonstrate our commitment to delivering premier services globally," said Mark Coriaty, senior vice president at Eze Castle Integration.