11:02 AM
Investment Management Newsflash: SunGard Launches MINT Trade Management for Investment Managers and Broker-Dealers
SunGard Launches MINT Trade Management for Investment Managers and Broker-Dealers
SunGard launched MINT Trade Management, a trade management solution that helps automate post trade processing within an institution from deal capture to allocation, confirmation and settlement. The solution extends to post settlement with the integration of SunGard's STeP matching, reconciliation and exceptions capabilities. To further automate and manage the end-to-end post trade process across institutions, MINT Trade Management integrates with financial networks including the SunGard Transaction Network (STN).
MINT Trade Management can be customized to fit business processes and consolidates allocation, confirmation and settlement services onto a single platform. The MINT Trade Management dashboard gives business users a unified view of all stages in the post-trade process and the ability to help easily manage and control the process across asset classes and external services.
"Our pre-packaged trade management solution will help investment managers and broker-dealers to centralize business operations, reduce costs and manage exceptions," said Tom King, president of SunGard's MINT and STeP business units, in the press release. The MINT solution runs Sun's Solaris operating system on the SPARC platform. MINT solutions are certified on Omgeo's OASYS, Omgeo OASYS Global Direct and Central Trade Manager (CTM) services.