SunGard today announced a new agreement with UBS Investment Bank. Customers of SunGard’s Decalog order management system (OMS) can now access UBS Direct Strategy Access (UBS-DSA), UBS’s algorithmic trading product. Decalog provides portfolio and trade order management functionalities, helps streamline investment workflow and helps traders achieve best execution on local and cross-border trading operations.
UBS-DSA is a global suite of strategies uniting technology, performance and global reach to help clients achieve best execution. Algorithmic trading has become essential in the electronic equity trading environment. "We are pleased by this agreement which will help Decalog users to access the UBS-DSA suite of tools", commented Tim Wildenberg, managing director, head of European Direct Execution at UBS Investment Bank. "Our advanced algorithmic tools predict trading trends by combining historical tick data with real time analysis and highly developed quantitative models with the unique depth of our unrivalled liquidity network. We will continue to enhance our current offerings and provide more client customization".
Eyal Yaron, vice president at SunGard’s Decalog business unit, added, "We are pleased to add UBS-DSA algorithmic trading offerings to our suite of connectivity and best executions solutions. Through this agreement, our customers will have access to some of the most advanced trading tools available. UBS-DSA algorithmic trading strategies are embedded within the Decalog 5.0 Trading Blotter that combines order routing details with the algorithm’s unique parameters. Our customers are able then to receive new and custom algorithms directly to their trading blotter helping them to use new trading strategies as soon as they are published by UBS."