24 October 2017
Find out more

SunGard integrates Loanet Smart Loan with Quadriserv AQS

06 October 2010  |  3792 views  |  0 Source: SunGard

SunGard's Loanet Smart Loan is now integrated with Quadriserv's AQS. The integration will allow SunGard customers to have greater control over order management and inventory functions, as well as helping to avoid dual usage of securities available for lending. It also means that all AQS orders can be initiated and maintained from within Smart Loan.

With the addition of Smart Loan, SunGard's Loanet suite of securities lending solutions and the AQS securities lending market are now fully integrated.

Bruce Turner, president and chief operating officer at Quadriserv, commented: "SunGard has been an ideal partner as we continue the rollout of Quadriserv's AQS market. Together, we have successfully integrated front-end access for Smart Loan customers, and can now provide full integration with inventory and trading systems. As a result of this integrated link, loans executed through AQS will receive straight-through processing treatment consistent with existing OTC protocols, helping createsignificant efficiencies for users."

John Grimaldi, executive vice president and general manager of SunGard's Loanet business unit commented, "SunGard's Loanet customers have responded favorably to the first phase of our integration with the AQS securities lending market, which includes seamless access to AQS' liquidity and price discovery mechanisms. We are confident our customers will also respond favorabley to our next set of initiatives with AQS, featuring greater trading and inventory control."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.fivedegrees.nlvisit www.atos.net

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
20209 views comments | 31 tweets | 43 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15420 views comments | 24 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11098 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9223 views comments | 15 tweets | 29 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job