Prosper Corretora Selects SunGard’s Valdi for Trade Lifecycle Management

Sao Paulo, Brazil - 22 August 2011

Prosper Corretora, a Brazilian brokerage firm, has selected SunGard’s Valdi for complete trade lifecycle management. Prosper Corretora will use Valdi Selector for pre-trade risk management; Valdi Trader for execution management; and Valdi Market Access for direct market access. Valdi will provide Prosper Corretora with a multi-asset trading platform for order management, order sending and monitoring, and real-time P&L calculation, helping it increase operational efficiencies for its traders. The integrated solution suite, available on a Software-as-a-Service (SaaS) basis, will help Prosper Corretora quickly deploy the solution using SunGard’s infrastructure.

Initially available on 30 screens at Prosper Corretora, SunGard's Valdi will provide a multi-asset trading solution for equities and derivatives, including the ability to have BM&F and BOVESPA on the same screen to help streamline trading. Prosper will be able to generate and send orders to the stock market with real-time connectivity, helping it expand its business and offer its solution to institutional clients. In addition, Valdi will help Prosper, which already has a presence in 20 cities in Brazil, make the solution available to its partners, independent agents, distributors and affiliates, which will help Prosper accelerate its growth strategy.

Raj Mahajan, president of SunGard’s ​​global trading business, said, “SunGard will help Prosper Corretora increase automation and trade multiple asset classes. SunGard’s servers and infrastructure, will help provide Prosper with greater stability. SunGard's Valdi will also help Prosper increase the performance of its executions and strategy adjustments with real-time calculations and a streamlined workflow through an integrated trading system.”

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