KeyBanc Capital Markets Selects SunGard's EnGard for Compliance.Renews Commitment to SunGard's BRASS JERSEY CITY, N.J. -- SunGard (http://www.sungard.com) today announced that KeyBanc Capital Markets, a division of McDonald Investments Inc. has selected SunGard's BRASS EnGard as its real-time trading compliance solution and has also renewed its commitment to SunGard's BRASS Order Management System (OMS OMS - Opportunity Management System ). KeyBanc Capital Markets is a full-service investment banking, brokerage and investment advisory firm. BRASS EnGard is a Web-based, compliance lifecycle and business management solution for institutional equities trading businesses. BRASS EnGard helps firms automate and manage the compliance lifecycle, including surveillance, internal investigations, documentation and reporting. It helps firms to monitor risk exposure and opportunity cost, to improve workflow and automation of surveillance, and to help streamline their operations (http://www.sungard.com/brass). Compliance and trading professionals at KeyBanc Capital Markets will use BRASS EnGard to help provide enhanced compliance reporting and surveillance capabilities. KeyBanc Capital Markets will also use BRASS EnGard to help traders operate effectively under the RegulationNMS market structure in addition to providing support for compliance obligations under the new rules. SunGard's BRASS OMS is a functionally rich sell-side order management solution for fee-based trading, Nasdaq agency and market making, New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. block, listed market making, sales and sector-based trading. A proven ASP-based solution, BRASS OMS, also allows customers to access algorithmic trading Algorithmic Trading A trading system that utilizes very advanced mathematical models for making transaction decisions in the financial markets. The strict rules built into the model attempt to determine the optimal time for an order to be placed that will cause the least amount of strategies from leading providers, with straight-through processing straight-through processing The direct exchange of cash and securities. Straight-through processing is a major objective for cross-border transactions that are generally much more costly to settle compared to domestic transactions. of trades. Raj Mahajan Mahajan is an Indian surname, found among the Vaishya castes (business communities). In India surname Mahajan is used by two communities: - one residing in North of India(mainly on the Amritsar to Jammu belt) and another belonging to North Maharashtra. , president of SunGard's BRASS business unit, said, "We are pleased that KeyBanc Capital Markets has chosen to renew its commitment to BRASS, as well as selecting EnGard to help it manage its compliance needs. Working with our customers to help them build and sustain their business is a priority for the team at BRASS. The strengthening of our relationship with KeyBanc Capital Markets is testament to this focus. We are looking forward to continuing our strong relationship with them in the years to come." About KeyCorp Cleveland-based KeyCorp (NYSE NYSE See: New York Stock Exchange : KEY) is one of the nation's largest bank- based financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies, with assets of approximately $96 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and, for certain businesses, internationally. About SunGard With annual revenues of $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. and the public sector. SunGard also helps information-dependent enterprises of all types ensure the continuity of their businesses. SunGard serves more than 25,000 customers in more than 50 countries, including the world's largest financial services companies. Visit SunGard at www.sungard.com. Trademark Information: SunGard, the SunGard logo, BRASS and EnGard 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. |
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