Buy-Side Boon as SunGard Merges Trading Networks
SunGard has consolidated its three global securities routing networks, doubling the number of brokers that buy-side firms can access.
Transaction Network and BNet, SunGard's US-focused networks, are to be combined with GLNet—which has a significant footprint in Asia, Europe and Latin America—to form SunGard Global Network.
The new network will connect more than 1,600 buy-side firms to more than 500 brokers and 110 markets across the globe. "We are pulling all the different services from all the
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