SunGard introduces real-time streaming of live securities lending transactions

Source: SunGard

SunGard has launched global, 24-hour real-time streaming of live securities lending transactions through its Astec Analytics solution suite.

With the introduction of this global intraday data service, SunGard is helping its customers increase profitability, improve transparency and make smarter decisions throughout the world's trading day.

"Access to intraday data has become an important way to keep pace with price changes in the securities lending market. Traders in fast moving markets and who work with hedge funds and other borrower clients need intraday data to make smarter decisions both for their securities loans and to price trades across a portfolio. As securities lending continues its evolution towards greater transparency, global intraday securities lending will play an expanding role in the markets." - Josh Galper, managing principal, Finadium

"Global regulatory authorities are putting a great deal of pressure on industry participants to produce or have access to more transparency to better service their clients. SunGard's introduction of global intraday streaming securities lending data is a major step forward in satisfying these needs and assisting with trading and reporting requirements." - Tim Smith, executive vice president, SunGard's Astec Analytics

Each day, SunGard's Astec Analytics will stream intraday data as its customers feed their transactions directly into the system, continuously updating the online analytics and information throughout the global day. Customers will also be able to see on-screen streamed and analyzed data for the previous 48 hours, backed up by online trend analysis of up to seven years.

With a focus on helping customers achieve smarter operations through global intraday data, SunGard's Astec Analytics monitors more than 1.3 million securities lending transactions at 75 financial institutions and tracks more than 33,000 unique securities on loan on average daily. 

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