Press Release

Macquarie selects Sungard's Fox River for US electronic trading

New York, 13 May 2015

  • SunGard to provide dedicated trading infrastructure and software to Macquarie Securities through its leading-edge Fox River products
  • In combination with Macquarie’s existing global execution platform, SunGard’s Fox River will help enhance Macquarie’s US offering to global institutional investor clients

Macquarie Securities, the institutional equities arm of Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY), today announced it has selected SunGard’s Fox River Execution Solutions (“Fox River”) electronic trading software and infrastructure in the US. By integrating Fox River with Macquarie’s global execution platform and dedicated environment, Macquarie will provide its clients with an independent trading environment, giving them the ability to customize their trading strategies and differentiate their services.

Damian Hoult, Global Head of Execution Services at Macquarie, said: “SunGard provides best-in-class infrastructure, an aligned agency business model, innovative software, and industry expertise. Integrating SunGard’s Fox River products will help immediately advance our clients’ trading capabilities through a comprehensive array of highly regarded localized products and dedicated product management staff.”

“The consultative and responsive approach we take to designing the trading process, combined with our transparent and discreet agency focus, makes us a trusted extension of our clients’ trading desks. This new technology and intellectual capital – a continued investment in our electronic trading capability – provides Macquarie’s clients with an enhanced trading experience and superior execution outcomes,” added Mr. Hoult.

Bob Santella, President of SunGard’s global trading business, said: “SunGard is pleased to be involved in the expansion of Macquarie’s global execution offering in the US. Our industry-leading infrastructure and software provides a dedicated trading environment, giving Macquarie’s clients the freedom to adapt and tailor their strategies. We look forward to developing our relationship with Macquarie.”

About SunGard

SunGard is one of the world’s leading financial software companies, with annual revenue of $2.8 billion. We provide solutions for financial services, the public sector and education. Our software is delivered via Software as a Service (“SaaS”), in the cloud and on premise, surrounded by an extensive suite of service offerings. Through the depth and breadth of our solution portfolio, global capabilities and domain expertise, we are uniquely capable of supporting virtually every type of financial organization, including the largest and most complex institutions in the world. SunGard’s approximately 13,000 employees proudly serve over 15,000 customers in more than 100 countries, bringing fresh ideas and inventive solutions to help our customers adapt and thrive. 

Further information:

© SunGard 2015. All rights reserved. SunGard, the SunGard logo, Fox River and SGN are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

SunGard’s Fox River Execution Solutions and SGN brokerage services offered within the United States and Canada are provided by SunGard Brokerage & Securities Services LLC, Member NYSE, FINRA, SIPC.

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