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The awards are designed to recognize excellence in securities finance, with industry participants invited to nominate those firms they feel are top performers. In total 43 firms were nominated in 22 categories, and just under 6,000 votes were received. SunGard was recognised for both its new technology innovation and its commitment to an existing portfolio of well-established securities lending solutions.
GSL Editor-in-Chief Roy Zimmerhansl commented: “We’d like to congratulate SunGard on being named Technology Provider of the Year at the Securities Lending Industry Awards 2010. In what has been a turbulent time for this industry, the voting public has clearly decided that SunGard has continued to perform at a high level. They join our other winners in leading what we hope will be a strong second half for 2010, and we wish them well.”
Brian Traquair, president of SunGard’s capital markets and investment banking business, said, “This continued recognition from GSL’s readers is testimony to the confidence our customers have in our people and solutions. We recognize that the securities lending industry is ever evolving, and by launching new solutions such as Apex, we have shown our commitment to working together with our customers to address new market requirements as they arise. Our goal is to help our customers gain increased transparency, improved efficiency and reduced costs across their business, and this award shows that we are going the right way.”
About SunGard’s Apex
SunGard’s Apex offers a single, integrated solution for securities finance that covers real-time position management, flexible trade capture, exception processing and process automation. It can help all types of securities finance practitioners to optimize their activities across trading desks, regions and product lines. For more information, visit www.sungard.com/securitiesfinance.
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. 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 IT services company. For more information, visit www.sungard.com.
Trademark Information: SunGard, the SunGard logo and Apex 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.