Korea's Kyobo Taps SunGard for Global Data Connectivity
SunGard's service will help Kyobo's clients reach international markets, while aiding exchange data compliance.
Officials say that deploying SunGard's network is part of an initiative at Kyobo to provide clients with trading and execution services across multiple asset classes, in response to demand from local brokers to expand their reach in the global equities and derivatives markets.
The vendor's solution will also help Kyobo maintain compliance with exchanges' license policies covering redistribution of data, officials add.
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