Beltone Financial has also selected the SunGard Global Network (SGN) to collect orders from its international clients.
Accroding to the SunGard, the Valdi order management system provides Beltone Financial with a consolidated trading platform as the basis for support of its international trading business.
From a central implementation in Cairo, the investment bank will be able to trade throughout the Middle East region via FIX protocol-based connections to executing brokers in local markets.
Egyptian investment bank can also alert its clients as soon as each trade is executed, and has implemented fully electronic linkages from the front to the back-office.
SunGard’s SGN, an order routing network that links more than 2,000 asset managers and 500 brokers on 110 global markets, will help Beltone Financial collect orders efficiently and establish new client connections quickly and easily.
Beltone Financial director and regional head of IT Mohamed Amer said SunGard’s integrated solution supports the specific requirements of the Egyptian and regional markets and covers all its front-office operations trading requirements.
