SunGard’s MarketMap Distributes Tullett Prebon Asia Money Market Data
SunGard’s MarketMap real-time market data solution can now distribute Asian money market and fixed income data from Tullett Prebon, one of the world’s leading inter-dealer brokers. MarketMap customers will now be able to access and analyse Tullett Prebon data to support their investment decisions in Asia.
There is an emerging need for access to and analysis of Asian market data, as cross-market trading increases and more global financial firms seek investment opportunities in Asia. MarketMap can now offer customers access to this data, utilizing Software-as-a-Service* (SaaS) technology that provides rapid and flexible delivery of financial market data content to internal consumers and their clients. SunGard’s MarketMap helps improve efficiencies by integrating with firms’ trading engines, Web portals, back-office systems and other applications. The solution also provides usage monitoring via its administrative module SMART to help increase transparency into data costs.
Andrew Reeve, regional manager, Asia Pacific at Tullett Prebon Information, said, “Tullett Prebon Information’s proprietary pricing data, generated from Tullett Prebon’s global brokerage business is an invaluable content source for financial firms in their trading activities. SunGard’s MarketMap is an excellent new distribution channel for our Asian market data that will help financial firms broaden their scope of investment activity in the region.”
Yassine Brahim, president of SunGard’s global trading business, said, “SunGard continuously enriches MarketMap content to meet the evolving needs of customers. The addition of Tullett Prebon data can help enhance our ability to provide cost-effective and flexible access to a new range of Asian market data for our global customers.”
* SunGard Financial Systems is pursuing a visionary initiative to transform some of the key functionality of its core systems into components creating software-as-a-service (SaaS)-based solutions. Infinity uses a service-oriented architecture (SOA) development framework, offers a business process management platform (Infinity Process Platform) and a virtualized, on-demand delivery infrastructure.