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SunGard Wins Inside Market Data's 'Acquisition of the Year' Award for its GL TRADE Acquisition

Posted on: Wednesday, 3 June 2009, 08:49 CDT

WAYNE, Pa., June 3 /PRNewswire/ -- Readers of Inside Market Data have selected SunGard as this year's winner of the "Acquisition of the Year" Award for SunGard's acquisition of global financial software solution company GL TRADE, now known as SunGard's Global Trading business.

The Inside Market Data award recognizes industry excellence in market data, research and analytics technology. The award celebrates the outstanding companies, people and products of the past year and provides recognition of their accomplishments. The vendor awards rate the performance of data providers across twenty categories, in which voting took place online by qualified buy-side and sell-side industry professionals. Finalists in each vendor category were determined by majority vote.

Yassine Brahim, president of SunGard's Global Trading business, said, "GL TRADE offers a complementary yet unique fit within SunGard in terms of geography, products and company culture. As SunGard's Global Trading business, we deliver global, consolidated offerings across equity trading, market data, exchange traded derivatives, trading and risk management."

About SunGard Global Trading

SunGard's Global Trading business provides multi-asset, front-to-back trading solutions, including order management, advanced execution, smart order routing, clearing and settlement, as well as market connectivity and information services. It delivers solutions for all listed asset classes from equities, fixed income, derivatives and commodities to FX.

About SunGard

SunGard is one of the world's leading software and IT services companies. SunGard serves more than 25,000 customers in more than 70 countries, including the world's 25 largest financial services companies.

SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software.

With annual revenue exceeding $5 billion, SunGard is ranked 435 on the Fortune 500 and is the largest privately held business software and services company on the Forbes list of private businesses. Based on information compiled by Datamonitor*, SunGard is the third largest provider of business applications software after Oracle and SAP. Continuity, Insurance & Risk has recognized SunGard as service provider of the year an unprecedented five times. For more information, please visit SunGard at www.sungard.com.

*January 2009 Technology Vendors Financial Database Tracker http://www.datamonitor.com

Trademark Information: SunGard and the SunGard logo 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.

For more information, contact: Adriana Senior SunGard Tel: +1 718-578-1130 Email: adriana.senior@sungard.com

SOURCE SunGard

Source: PR Newswire

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