SunGard is hosting the application in a managed services environment. BRED will utilize SunGard's Valdi Market Access to connect to electronic equity, fixed income and derivatives markets worldwide.

Following the successful migration of its derivatives markets' trading infrastructure to the Valdi Market Access platform, BRED extended its relationship with SunGard to add hosted connectivity to the pan-European Euronext equities market. SunGard's low-latency and high-performance connectivity platform will help the bank combine advanced hosted technology with proximity services.

"We recently decided to extend the reach of our memberships to cover Euronext equities' markets, beyond our original derivatives market access franchise. SunGard gave us the possibility to manage our total cost of operations and the potential to expand to new markets quickly and effortlessly. We look forward to our continued collaboration with SunGard." - Patrick Lixi, head of project management, BRED

"Financial institutions are looking at smarter ways to better control their operational cost structure, while expanding the range of services they can access. SunGard's Valdi Market Access service offers clients flexibility, accelerates go-to-market strategies and enables clients to outsource the complexity of the capital markets' ecosystem." - Philippe Carré, global head of connectivity, SunGard's capital markets business

SunGard's Valdi Market Access solution facilitates integrated access to more than 110 trading venues worldwide. The Valdi suite of solutions gives access to most European financial markets, covering multiple assets classes, including equities, fixed income, structured products, commodities, futures and options.