Votorantim Corretora, the brokerage arm of Banco Votorantim, has connected to the SunGard Global Network (SGN) and is using the Valdi order management system (OMS) to provide clients with direct market access (DMA) and care order handling. Votorantim also uses SunGard’s Valdi execution management system (EMS) and Valdi DMA which helps it offer clients a solution to manage and execute orders on both the BM&F and BOVESPA exchanges in Brazil via one platform. Using SunGard for order management, execution and connectivity helps Votorantim Corretora achieve economies of scale, source new liquidity and increase operational efficiency.
Ricardo Braga, general manager of Votorantim Corretora, said, “SunGard’s Valdi and SGN are helping us expand our business by aiding us in providing our clients with a platform to trade multiple asset classes, globally. As one of the most extensive trading networks in the world, the SunGard Global Network helps us solve the connectivity challenges related to trading new instruments locally and internationally.”
Raj Mahajan, president of SunGard’s Global Trading business, said, "SunGard's goal is to provide a one-stop shop for the entire array of services required for firms to transact globally. The company's strategy is to help customers, like Votorantim Corretora, grow and expand their business by being able to use one provider for multiple trading solutions”.