BATS ECN a Destination on SunGard's BRASS.

Gives Sell-Side Equities Firms Access To Liquidity, Trade Matching

KANSAS CITY, Mo. -- SunGard's BRASS business unit (http://www.sungard.com/brass) and BATS Trading Inc. Monday reported that BRASS is providing direct market access to the fast-growing BATS ECN, giving sell-side broker dealers access to a greater source of liquidity and helping to prepare them better for Reg NMS trade-through requirements.

BRASS customers have direct access to the BATS pool of liquidity and are able to match trades in New York Stock Exchange, NASDAQ National Market, NASDAQ Capital Market and American Stock Exchange securities.

"We are pleased that BATS is an order destination on BRASS, one of the leaders in direct market access and a well-established name in the industry," said BATS Chief Executive Officer Dave Cummings. "We look forward to continuing to work with BRASS through our second generation trading platform, which was designed to handle the high-speed, high-volume, anonymous, reliable algorithmic trading that BRASS customers desire."

BATS ECN, which launched in January 2006, averaged daily volume of 307 million shares in February, touching about 13.3% of Nasdaq-listed volume and matching about 9.2%. The ECN recorded record volume of 399.9 million shares on Feb. 27 and announced its move into Tape A-listed shares February 5, 2007.

"Providing customers with unfettered and immediate access to liquidity, both on the protected venues and through alternative trading systems is critical," said Raj Mahajan, president of SunGard's BRASS business unit.

About BATS Trading

BATS Trading Inc., Kansas City, Mo., was founded in June 2005 in response to rapid consolidation in the exchange space. The BATS ECN is designed to handle high-speed, high-volume, anonymous, reliable, algorithmic trading. Investors in BATS include Credit Suisse, Getco LLC, Lehman Brothers, Lime Brokerage LLC, Merrill Lynch & Co., Morgan Stanley, Tradebot and Wedbush Inc. For more information, contact Randy Williams or visit www.batstrading.com

About BRASS

An integrated trade and order management solution suite supporting Nasdaq, listed, listed market making and sales trading, BRASS serves market makers, institutional brokers and traders working in a variety of roles. The suite includes a trade order management system; a set of direct market access tools as well as solutions for automated indications of interest and advertised trades; trade matching; and compliance analysis and reporting. BRASS facilitates trade execution through connectivity with the buy-side community via the SunGard Transaction Network, through links with major back-office clearing firms, and through direct access to all major domestic exchanges and trading destinations.

About SunGard

With annual revenue exceeding $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent

enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the worldas 50 largest financial services companies. Visit SunGard at www.sungard.com

Trademark Information: SunGard, the SunGard logo, and BRASS 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.