SunGard enhances Stream

  SunGard has enhanced its Stream post-trade derivatives solutions, including Stream GMI, Stream Clearvision and Stream Ubix, to support CME Group’s Cleared OTC London Gold Forwards, Wet Tanker Freight Forwards, and Foreign Exchange Forwards.

First Published by e-Forex News: April, 2011

SunGard has enhanced its Stream post-trade derivatives solutions, including Stream GMI, Stream Clearvision and Stream Ubix, to support CME Group’s Cleared OTC London Gold Forwards, Wet Tanker Freight Forwards, and Foreign Exchange Forwards. SunGard’s support of these OTC products helps provide automated centralized clearing and settlement, thereby helping CME Clearing members and market participants increase transparency, mitigate counterparty credit risk, and gain processing efficiencies.  While execution of the products occurs in an OTC environment, each counterparty using Stream will be able to receive cleared trades from CME Clearing for accurate and efficient post-trade record keeping, clearing and settlement of the Forwards products.