Knight engages in market making and trading across multiple asset classes on behalf of buy-side and sell-side clients.
According to the SunGard, Knight will use Apex solution to help process its international securities lending business as well as incorporate its fixed income repo business on a single platform, across front-, middle- and back-office operations.
Using Apex solution with the SWIFT interface module, Knight will be able to process its fixed income repo and international stock loan business on a single platform, SunGard said.
SunGard capital markets and investment banking business president Brian Traquair said SunGard’s Apex provides front-, middle-, and back-office processing of transactions, from securities borrowing and lending to positions management, trading and repo, while providing a holistic view across multiple business entities, currencies and products.
