Securities Industry News and Financial Insights Release Annual SecuritiesTechnology 2007 Ranking.SunGard Named Top Solution Provider NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of & FRAMINGHAM, Mass. -- Securities Industry News and Financial Insights, an IDC company, announced the results of their annual ranking of the top global capital markets technology providers and institutional leaders. The SecuritiesTechnology 2007 ranking showcases solution providers based on primary research conducted by Financial Insights exclusively drawn from the investment community. The research sample was comprised of 17,000 mid-level and senior technology users from the investment banking, investment management, wealth management, brokerage, and banking communities. Financial Insights analysts evaluated the completed entries in categories related to functional process areas, including brokerage and trading - front office; business infrastructure; investment management - front office; retail investing - front office; and investment management operations, and areas where trading and operations executives have direct interaction with the services provided. Financial Insights also asked participants to rate the solutions in use at their firm regarding ease of use, reliability, needs met, value, and whether they would recommend the solution. The gold standard for this year's class of participants is SunGard; winning the #1 solution provider position in multiple categories. SunGard is a global leader in software and processing solutions for the financial industry serving more than 25,000 customers in over 50 countries. SunGard ranked #1 in four out of 11 categories: order management, execution management, portfolio management, and transaction cost analytics. "Each of the firms represented in the list is contributing to transformation in the global capital markets in ways both large and small. These leading edge providers are helping to transform business processes as well as the whole look and feel of how business is managed and transacted in the capital markets industry," said Carol Curtis, special reports editor of Securities Industry News. "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. institutions are demanding more in the way of speed and system performance, while also maintaining the necessary levels of accuracy, controls, and data management," said Julio Gomez, global head of research, Financial Insights. "Whether it's customizability of algorithms, connectivity to large numbers of liquidity pools, or aligning risk practices with profitability and capital management, these leading firms, such as SunGard, are expanding their offerings to gain competitive advantage while strengthening client relationships as is shown from the results of this 2007 ranking." This annual ranking highlights the following categories of technology applications and the corresponding leading providers: SunGard - Execution Management, Order Management, Portfolio Management, and Transaction Cost Analytics Advent Software Advent Software (NASDAQ: ADVS) makes software designed to automate portfolio accounting for investment management firms, ranging from family offices and investment advisors to large institutional investors and hedge funds. , Inc. - Portfolio Management (tied with SunGard) Thomson Corporation - Advisor Workstation and Business Analytics Bloomberg L.P. - Market Data and Transaction Cost Analytics (TCA TCA 1. trichloroacetic acid. 2. tricarboxylic acid cycle (Krebs cycle). TCA Tricyclic antidepressant, see there tied with SunGard) National Financial, a Fidelity Investment Company - Operational Risk Pershing LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control - Advisor Workstation (tied with Thomson) and Market Risk LatentZero Ltd. - Compliance Salesforce.com, Inc. - CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. In addition to the SecuritiesTechnology 2007 provider ranking, the 2007 survey revealed the leading institutional providers based on the view of over 70 technology providers. The most innovative financial institutions in their use of technology are: Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. Group, Inc., Citigroup, JP Morgan, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. & Co., UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System , Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. , Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. , Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking.
These firms share the common characteristics of scalable technologies, customized solutions, and responsive customer service. For more information about the ranking or to receive a copy of the corresponding supplement, visit these Web sites - www.securitiesindustrynews.com or www.financial-insights.com. For further information on the program, contact David Greenough, vice president, Business Technology at SourceMedia - david.greenough@sourcemedia.com. About Securities Industry News and SourceMedia, Inc. Securities Industry News is a weekly newspaper that delivers original, time-critical news and analysis to senior decision makers in charge of operations, technology, processing services, and compliance in the global securities and financial markets. Securities Industry News and its companion site, www.securitiesindustry.com, combine to deliver a distinctive perspective on, and analysis of, the companies, trends, issues and people who are transforming the global securities market through innovations in technology, product development, front- middle- and back-office operations, buy- and sell-side trading infrastructures, risk management, and the business processes vital to regulatory and operational compliance. SourceMedia, an Investcorp company, is the pre-eminent provider of timely and essential market information - including industry news, analysis, research and insights - for members of the financial services community, as well as related fields such as accounting and technology. Through its comprehensive library of professional publications, suite of industry-standard data applications, and in-depth seminars and conferences, SourceMedia (www.sourcemedia.com) offers its clients and subscribers a valuable and sophisticated range of products and services. About Financial Insights, an IDC Company Financial Insights provides independent research, custom consulting, and detailed multiclient studies on the technology issues and challenges facing the financial services industry. Our global research covers topics of strategic importance to corporate and retail banks, insurance carriers, asset management firms This is a list of corporations that provide financial asset management.
IDG Integrated Drive Generator IDG Installation Design Guide IDG Internet Discussion Group IDG Inset Dielectric Guide IDG International Dangerous Goods (mail, shipping) , the world's leading IT media, research, and exposition company. Visit www.financial-insights.com for more information. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion