SunGard adds FX and MM functionality to Front Arena

SunGard has extended its Front Arena cross-asset trading solution to support foreign exchange, money market and FX options.

First Published by e-Forex News: January, 2009

SunGard has extended its Front Arena cross-asset trading solution to support foreign exchange, money market and FX options. The new additions mean that Front Arena is now able to offer a single solution for full cross-asset class trading. Performance tests undertaken for Front Arena 4.3, which includes the extended capabilities, have shown that Front Arena can now support transaction rates of over 400 FX trades per second. It can also support up to 1,000 concurrent users for position viewing.
The new functionality offered in Front Arena 4.3 will help service the corporate needs for FX cash and derivatives, trade the corresponding wholesale FX markets, and manage the FX risk whether generated by this activity or resulting from other FX risk components of other trading activity.