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SunGard's Phase3 Wins Financial i's "Leaders in Innovation Award" for Most Innovative Securities Processing System.


BURLINGTON, Mass. -- SunGard (http://www.sungard.com) today announced that Financial i magazine has named SunGard's Phase3 (http://www.sungard.com/phase3) as the most innovative brokerage securities processing system in the magazine's inaugural "Leaders in Innovation Awards."

Financial i selected winners in conjunction with leading analyst firms and consultants in the industry, based on product innovation over the last 12 to 18 months, cost effectiveness of solutions in terms of implementation and deployment, potential business benefits, ease of implementation, and the ability to tackle specific business issues or problems.

Anita Hawser, editor of Financial i, said, "SunGard was chosen because of its well-integrated approach, the ability to combine ancillary products with Phase3, and the flexibility provided for customers to pursue best-of-breed solutions."

Gerard Murphy Gerard Murphy is the name of the following people:
  • Gerard Murphy (Irish politician) - an Irish Fine Gael TD for Cork North West
  • Gerard Murphy (professor) - an Irish mathematics professor
  • Gerard Murphy (historian) - see List of Irish historians
, president of SunGard's Phase3 business unit, said, "This award highlights the value of Phase3 and the substantial innovations SunGard has achieved in recent years to help our global institutional and retail brokerage customers better streamline their back office operations. We continue to focus on the areas of integration, transactional data consolidation, and real-time workflows designed to help firms improve their ability to assess profitability, risk and business decisions, while supporting customers holistically across the traditional trading and operational silos. Leveraging SunGard's Common Services Architecture (CSA (1) (Canadian Standards Association, Toronto, Ontario, www.csa.ca) A standards-defining organization founded in 1919. It is involved in many industries, including electronics, communications and information technology. ) helps us to provide customers with a more flexible, open service-oriented architecture See SOA.  (SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records.

(2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability.
) framework and reduce our time to market on new capabilities."

SunGard also provides solutions that operate both independently and in conjunction with Phase3 to help achieve greater securities processing efficiencies, including Margin Advisor for real-time cross-asset margin, the STN (SuperTwisted Nematic) A passive matrix LCD technology that provides better contrast than twisted nematic (TN) by twisting the molecules from 180 to 270 degrees. See DSTN.  Settlements central interface management system, and the StreamCore consolidated operational database.

About Financial i

Financial i focuses on how technology is being leveraged to provide business solutions in wholesale transaction banking. Solutions that solve common business issues around the execution, delivery, clearing and settlement of transactions in the wholesale banking space, enhance the provision of value added Value Added

The enhancement a company gives its product or service before offering the product to customers.

Notes:
This can either increase the products price or value.
 services to customers, increase the speed of delivery of information, mitigate mit·i·gate
v.
To moderate in force or intensity.



miti·gation n.
 risk and maintain competitiveness. Visit Financial i at http://www.financial-i.com.

About Phase3

A real-time, order-to-settlement system for processing securities transactions, Phase3 supports retail and institutional broker-dealers, ECNs, and correspondent clearing firms. Phase3 helps organizations automate To turn a set of manual steps into an operation that goes by itself. See automation.  securities processing, helping to reduce the delays and errors associated with manual interventions and helping to efficiently accommodate large trade volumes. It also assists customers in consolidating their records by enabling them to process all securities types on a single platform, using a single database, including equities, fixed income, mutual funds, and annuities.

About SunGard

With annual revenues of $4 billion, SunGard is a global leader in software and processing solutions for 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.
, 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, Phase3, Margin Advisor, STN Settlements and StreamCore 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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 27, 2006
Words:532
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