Conde: Sungard Data Will Strongly Urge Subsidiaries To Use Infinity's Data Model

SPECIAL REPORT

New York Sungard Data Systems expects that its subsidiaries will adopt and integrate the risk management data model that it got when it acquired Infinity Financial Technology earlier this month, even though many of the Sungard subsidiaries are former competitors of Infinity.

In the wake of the merger, Cristobal Conde, who is president of Sungard's trading systems group, says that he "absolutely expects synergy" among the subsidiaries.

If this integration initiative is successful, the company will

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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