Thomas Little, president of AQS Market Data Services, Inc. a wholly-owned subsidiary of Quadriserv, Inc. commented, "The defining hallmarks of the AQS market include access and transparency, and the integration of AQS market information into Astec Analytics directly advances both goals. More generally, we continue to be encouraged that our strategic partnership with SunGard is yielding tangible benefits for industry participants, and look forward to continuing to deliver innovative, productivity enhancing technology."
Tim Smith, executive vice president for SunGard's Astec Analytics business unit, commented, "The success of SunGard's Astec Analytics product depends on best-in-class, daily transaction data and information delivered to securities lending professionals. Including trade data from AQS, one of the world's largest, centrally cleared securities lending markets, into Astec's product suite will allow our customers to have access to AQS market pricing. We are pleased to deliver this innovation, and believe it will help provide a distinct competitive advantage for Astec's customer base."
AQS data is currently available as an integrated offering within Astec Analytics Lending Pit product, and will be integrated into SunGard's Securities Finance product suite, including SmartLoan and Loanet, during the third quarter of this year.