SunGard to provide IT services for Prosper Corretora

Monday, August 22, 2011

Brazilian brokerage Prosper Corretora has selected US IT firm SunGard to provide its lifecycle management suite, the latter said in a statement.

SunGard will deliver its Valdi platform to provide a multi-asset trading solution for equities and derivatives, including the ability to have bourses BM&F and Bovespa on the same screen to help streamline trading.

Prosper will be able to generate and send orders to the stock market with real-time connectivity. The integrated solution, available on a SaaS basis, will help Prosper Corretora to deploy the solution quickly using SunGard's infrastructure.

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With more than US$5bn in annual revenues, SunGard has more than 25,000 customers in 70 countries. It provides software and processing solutions for financial services, higher education and the public sector.