SunGard today announced that KeyBanc Capital Markets, a division of McDonald Investments Inc. has selected SunGardâs BRASS EnGard as its real-time trading compliance solution and has also renewed its commitment to SunGardâs BRASS Order Management System (OMS). 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. 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.
SunGardâs BRASS OMS is a functionally rich sell-side order management solution for fee-based trading, Nasdaq agency and market making, New York Stock Exchange block, listed market making, sales and sector-based trading. A proven ASP-based solution, BRASS OMS, also allows customers to access algorithmic trading strategies from leading providers, with straight-through processing of trades.
Raj Mahajan, president of SunGardâs BRASS business unit, said, âWe 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.â