The complex mix of positions management, collateral, and trade lifecycle processing functionality that securities finance participants require means that firms need technology solutions that offer flexibility, control and transparency. Greater cost control requirements also mean that many firms want to move away from supporting and maintaining multiple systems. SunGardâs Apex offers a single, integrated solution that covers real-time position management, flexible trade capture, exception processing and process automation. It can help to optimize securities finance activities across trading desks, regions and product lines.
SunGardâs Apex helps firms manage their entire global securities finance business â equities and repos â in one framework. From position management, trading and P&L analysis on the front end, through risk and operations management in the middle-office, and settlement and interfaces in the back-office, Apex is a comprehensive international solution. Working in combination with SunGardâs Loanet and its inventory management system, Smart Loan, an industry standard for brokers in the U.S. equity/corporate markets, Apex can provide a complete view of the firmâs international and domestic securities finance business.
Craig Costigan, executive vice president and general manager, securities finance, for SunGardâs capital markets and investment banking business, commented: âIf efforts to positively transform the strategy and workflow of a securities finance business are constrained due to limitations in technology, it becomes difficult for the business to compete. SunGard already serves a large, global securities finance community, and we have drawn on our experience with this community to create in Apex a technology solution that removes these constraints. The open, flexible architecture of SunGardâs Apex helps firms to tailor the solution to their individual requirements, helping ensure the best possible fit with existing and developing business lines.â