BZ WBK Brokerage has selected SunGard's Valdi Order Management System and trading tools to help streamline its access to the Warsaw Stock Exchange (WSE).
Valdi offers an integrated platform for client order management, audit trail and market connectivity. BZ WBK Brokerage will use Valdi software tools for automated and program trading, multi-leg and inter-product/cross-market strategies, and algorithmic trading. BZ WBK Brokerage will also join the SunGard Global Network (SGN) for international market connectivity and offer WSE brokerage services to SGN's worldwide community of trading members.
Piotr Busz, IT director at BZ WBK Brokerage, said, "SunGard's Valdi OMS and trading tools provide comprehensive and proven functionality for our trading floor and market-making team. We will use the solution's connectivity features and the SunGard Global Network membership to access international markets, and help us expand services to our clients."
Philippe Carré, global head of connectivity for SunGard's capital markets business, said, "Poland is one of the fastest growing economies in Europe and is attracting interest from international investors. Given the fast-moving changes affecting the Polish capital markets structure, such as the Warsaw Stock Exchange's new trading platform, SunGard's Valdi trading solutions and services can help firms take full advantage of the new opportunities."