SunGard company`s system GL Net certified

The Ukrainian Exchange has certified that the GL Net system is to connect to its trading platform. This system is widely used by the world's leading investment banks to manage bidding applications and direct access to the trading.

Institutional investors, banks and brokers who use the GL Net system can trade on the world's major exchanges regardless of their geographical location. They can also trade on the largest off-exchange platforms using a high-speed network, connecting with SunGard`s nodes access that are located  worldwide.

"The GL Net network unites many financial institutions all around the world, says Oleg Tkachenko, the Ukrainian Exchange CEO. – The GL Net`s technological solutions will facilitate the arrival of new foreign investors to the Ukrainian market, because they will allow Ukrainian brokers to provide an opportunity to global investors to trade Ukrainian shares as well as   accessing  all electronic trading markets globally".

Yassine Brahim, the President of SunGard's global trading business, commented: "Electronic trading promotion in those countries where the financial communities are enhancing their IT infrastructures is a key part of SunGard’s trading strategy.  SunGard looks forward to working with local and international brokers who are growing their businesses on the Ukrainian Exchange."

Alexey Sukhorukov, the Member of the Exchange Board of the Ukrainian Exchange considers that the appearance of such a company like SunGard in Ukraine, signifies the beginning of a qualitatively new stage of the Ukrainian stock market development: "GL Net appeared in Russia in 2005, almost 6 years after Russian stock exchanges had started to provide opportunities to a direct access system. This product became available on the Ukrainian market during the first year of the Ukrainian Exchange operation. On the one hand it indicates the high dynamics of the market development, but on the other hand it will also allow the expansion of potential international investors to happen faster", - says Alexey Sukhorukov.

For Reference

The Ukrainian Exchange is a leading organized stock market and the liquidity center of Internet trading in Ukraine. Having started in March 2009, the Exchange became a technological leader of the Ukrainian stock market during the first months. It was the first to launch the quote-driven market, internet trading, online index calculation, repo market and a central counterparty technology.

SunGard is one of the world’s leading software and IT services companies. SunGard serves more than 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software.

With annual revenue exceeding $5 billion, SunGard is ranked 435 on the Fortune 500 and is the largest privately held business software and services company on the Forbes list of private businesses. Based on information compiled by Datamonitor*, SunGard is the third largest provider of business applications software after Oracle and SAP. Continuity, Insurance & Risk has recognized SunGard as service provider of the year an unprecedented six times. For more information, please visit SunGard at www.sungard.com.

For further information, please contact the Public Relations Department at (044) 495-7474.