The Mint Trade Management program, according to the software firm, helps institutions to integrate and manage flows between financial networks such as STN, Omgeo Oasys, FIX and Swift.
SunGard said the platform can also be customized to fit business processes and consolidates allocation, confirmation and settlement services onto a single platform, giving business users a unified view of the post-trade process.
Tom King, president of SunGard’s Mint and STeP business units, commented: Our pre-packaged trade management solution will help investment managers and broker dealers to centralize business operations, reduce costs and manage exceptions.
The Mint system runs the company’s Solaris operating system on the Sparc platform, and is certified on Omgeo’s Oasys, Omgeo Oasys Global Direct and Central Trade Manager (CTM) services.
