KT ZMICO Securities live on SunGard Valdi

Source: SunGard

KT ZMICO Securities, a leading Thai brokerage firm, is live with SunGard's Valdi trading, connectivity and market making solution suite to help automate and streamline its trading activities into one integrated trading screen on the Stock Exchange of Thailand (SET).

Valdi also helps KT ZMICO better manage its exposure by providing a consolidated view of positions and the ability to hedge in real-time.

KT ZMICO selected SunGard's Valdi trading and connectivity suite to deal electronically, help reduce operational risk and collect orders from various sources, including the SunGard Global Network, an order routing network. KT ZMICO is also using Valdi to help automate its trading strategies and quoting capabilities on the local warrants marketplace.

Chaipatr Srivisarvacha, the executive chairman and chief executive officer of KT ZMICO Securities, said, "KT ZMICO can electronically issue its derivatives warrants on the SET and automate its trading business with SunGard's Valdi suite, thus helping bring more liquidity to the exchange. This is a major breakthrough for the SET because many international investors still consider it to be an emerging market. SunGard can help us bring innovation to the Thai financial industry and assist us in generating more revenue."

Nasser Khodri, South East Asia managing director for SunGard's capital markets business, said, "The SET has launched many initiatives to increase its volumes, including support for local market makers and facilitating trading by international investors through the ASEAN Trading Link. SunGard's Valdi solutions are helping brokers in frontier and emerging markets like Thailand bring liquidity to regional exchanges, facilitate automated trading strategies, reduce operational risk and support business development." 

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