22 August 2017
Find out more

SunGard integrates Loanet Smart Loan with Quadriserv AQS

06 October 2010  |  3687 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.dorsum.euvisit www.vasco.comdownload the paper now

Who is commenting?

A Finextra member Finextra Member Commented on: Real-time payments in...
A Finextra member Finextra Member Commented on: Barclays uses sensors...

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11745 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
10137 views comments | 22 tweets | 31 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9819 views 0 | 5 tweets | 1 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9488 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
9481 views comments | 10 tweets | 8 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job