Developed in Java and based on industry standards such as FIX messaging, SunGardâs smart gateways can be rolled out in a number of different technical environments including Windows, UNIX and Linux. This new architecture is scalable so that multiple gateways can be installed for a single exchange to help support increased trading volumes. The smart gateways will be launched throughout 2009, replacing SunGardâs existing clearing gateways by early 2010.
GL Clearvision, SunGardâs solution for matching and clearing, has been integrated with the first smart gateway, NYSE-Liffe US (cleared by the OCC). Four SunGard customers are already using the NYSE-Liffe US smart gateway.
Vincent Burzynski, chief product officer for SunGardâs global trading business, said, âSunGard customers in the post-trade derivatives environment continue to face challenges in terms of scalability, performance and efficiency. We are confident that our investment in a new technical architecture, based on industry standard frameworks, will help support our customersâ future business growth.â