SunGard helps Scottrade grow securities finance
30 July 2013 Missouri
Image: Shutterstock
SunGards Loanet solution is supporting Scottrade, an online investing firm, with its expanding securities finance automation requirements.
Scottrade implemented Loanets trading and inventory management and finance allocation capabilities to help automate the firms securities finance trading, order and inventory management functions.
It will also automatically calculate and allocate revenue and expenses associated with borrowing activities for the firms clients.
Scottrade has been using SunGards Loanet solutions since 1999.
Firms across the financial industry are looking to increase transparency and efficiency across their operations. SunGards Loanet provides a highly integrated suite of solutions for the US securities finance industry to help firms achieve these goals, said John Grimaldi, executive vice president of SunGards North American securities operations and securities finance business.
Scottrade implemented Loanets trading and inventory management and finance allocation capabilities to help automate the firms securities finance trading, order and inventory management functions.
It will also automatically calculate and allocate revenue and expenses associated with borrowing activities for the firms clients.
Scottrade has been using SunGards Loanet solutions since 1999.
Firms across the financial industry are looking to increase transparency and efficiency across their operations. SunGards Loanet provides a highly integrated suite of solutions for the US securities finance industry to help firms achieve these goals, said John Grimaldi, executive vice president of SunGards North American securities operations and securities finance business.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 厙惇勛圖 Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 厙惇勛圖 Finance Times