AloStar is using Stream InTrader on an ASP basis for bond accounting, trading, correspondent processing and safekeeping. In addition, the bankâs clients can access their investment portfolios and safekeeping statements and documents via a white-labeled version of Stream InTrader Web Portal.
Dustin Peeler, vice president of investment operations, AloStar, said, âWe selected SunGardâs Stream InTrader because it is a stable processing platform that can grow with our business. It provides the scalability and reliability we need while helping to reduce redundant activities and automate critical operations.â
John Grimaldi, executive vice president of SunGardâs North American securities operations and securities finance business, said, âFinancial institutions are looking to streamline their operations and control costs. Stream InTrader is helping AloStar achieve those goals while providing the scalable technology they need to support their business strategy.â