Press Releases

Canaccord Capital Selects SunGard's BondOne

June 1, 2009 — New York, NY

Canaccord Capital, a leading independent, full-service investment dealer in Canada, has selected SunGard's BondOne for fixed income trading and distribution.  BondOne is a real-time, integrated fixed income sales and trading solution that cost-effectively helps dealers automate the trading and distribution of fixed income securities.
 
BondOne will help Canaccord manage its positions, P&L and risk by using "smart" client technology for real-time performance and scalability. It will also provide Canaccord with e-trading functionality for trading against external liquidity providers, generating two-sided tiered offerings and managing orders. BondOne helps sales personnel and customers search for offered securities, create portfolios, enter orders, and monitor the status of all orders via the Web.
 
Ken Knowles, managing director of fixed income at Canaccord Capital said, "SunGard's BondOne solution provides Canaccord's investment advisors and partners the opportunity to grow and explore new investment ideas and revenue opportunities. It also meets our business requirements for a real-time system to help manage our retail and institutional fixed income trading and sales activities.   We've been a SunGard customer for over 12 years, using the Brass order management system (OMS), Protegent Surveillance compliance solution and now BondOne, and have been extremely pleased with the company's customer support, innovative roadmap and the growth of our relationship."

Canaccord also provides SunGard customers with Canadian Direct Market Access and smart order routing technology, helping them achieve sub-second execution on all Canadian marketplaces in both U.S. and Canadian dollars. These Canadian offerings help U.S. broker-dealers capitalize on new revenue opportunities by providing their clients with enhanced Canadian equity execution.

Raj Mahajan, president of SunGard's trading business said, "We are pleased to offer Canaccord, one of our long-standing Canadian customers, another straight-through processing solution for fixed income. Our ability to offer innovative trading solutions and provide economies of scale across the trade lifecycle helps Canaccord continue to increase its efficiency and profitability."
 
About SunGard's BondOne
BondOne is a real-time fixed income sales and trading system solution.  It provides fixed income dealers with a cost-effective solution to automate the trading and distribution of fixed income securities.  BondOne is comprised of three fully integrated components: BondOne Distribution, BondOne Trading and BondOne Connect that, together, form a single application. All three components share the same data model, business rules engine, fixed income analytics and securities and account master database.  BondOne supports the sales and trading requirements of both retail and institutional fixed income dealers.

About SunGard
SunGard is one of the world's leading software and IT services companies.  SunGard serves more than 25,000 customers in more than 70 countries, including the world's 25 largest financial services companies.
 
SunGard provides software and processing solutions for financial services, higher education and the public sector.   SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software.
 
With annual revenue exceeding $5 billion, SunGard is ranked 435 on the Fortune 500 and is the largest privately held business software and services company on the Forbes list of private businesses. Based on information compiled by Datamonitor*, SunGard is the third largest provider of business applications software after Oracle and SAP. Continuity, Insurance & Risk has recognized SunGard as service provider of the year an unprecedented five times.  For more information, please visit SunGard at www.sungard.com.

*January 2009 Technology Vendors Financial Database Tracker http://www.datamonitor.com
 
Trademark Information: SunGard, the SunGard logo BondOne, Brass and Protegent are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.