SunGard Launches ‘Management & Compliance’ Product

A reporting tool that aims to enable customers to proactively manage both their regulatory obligations and their trading business has been launched by SunGard Trading Systems. According to SunGard, Management & Compliance, gives firms the ability to review and analyze regulatory issues in a timely manner, so they can make prompt adjustments to their strategies. The system provides the ability to filter and analyze order and execution data to detect patterns and trends. Managers can sort the data by trader, desk and security and create a variety of reports and graphically represent the information. Users can access the previous day’s 11ac1-5 and the preceding month’s 1-6 statistics and easily drill down to critical underlying data. SEC Rules 11ac1-5 and 1-6 are aimed at improving public disclosure of order execution quality and require market centres to make regular electronic reports.


Related reading