Mostly… fixed income and cross product eTrading

August 1, 2008

What do I do with this?

Filed under: OMS / EMS, Uncategorized — Tags: , , , — John Greenan @ 6:44 pm
Picture the scene…
You are a high level exec at Sungard.  The GLTrade boys have agreed to sell up and you soon get control.
What do you do with it?


  1. Probably what Sungard do with everything else, run it as a separate business in isolation, rinse the dev down to a bare minimum and use it as a cash cow.

    The rest of us will probably wonder what happens to Brass and front arena as a result of this

    Comment by oxymoron — August 3, 2008 @ 6:40 pm

  2. I suspect you are right. Just for fun and games, here’s an alternative. Sungard consolidate their investment banking front office/trading applications into one group and move to integrate properly using their middleware (MINT??). Enter the European market in force and compete with Fidessa, the 400lb gorilla, Orc and Tbricks (the smart new kid on the block)….

    Competition would be a good thing for the market and also help Fidessa to refocus on how to add value to their clients….

    Comment by John Greenan — August 12, 2008 @ 7:58 am

  3. Have Sungard ever consolidated anything?

    Comment by oxymoron — August 12, 2008 @ 12:15 pm

  4. im am told from the inside Sungard have a ‘vision’ for consolidating their technology and offering more seamless front-to-back solutions that their clients actually want but at the rate of acquisition I cant see this working, at least not to a meaning full level.

    So will Sungard GMI kill GL’s UBIX – number 1 and 3 respectivley (so I am told) also ION buying Rolfe Nolan, this happening / happened?

    Comment by samuel — August 27, 2008 @ 12:45 pm

  5. GL have just got rid of all their London based dev centre, not sure whether thats symptomatic of sungard acquisitions sunning down their dev or just a sign of the times

    Comment by oxymoron — December 23, 2008 @ 10:18 am

  6. oh dear. I’d heard on the grapevine that a 1/4 to 1/3 headcount reduction was on the cards for GL Trade. But it seems that they are chopping functions out rather than top-slicing departments.

    So – they can focus on the high quality dev groups in Tunisia and Serbia now…..

    Comment by John Greenan — December 29, 2008 @ 1:42 pm

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