Société de Bourse Gilbert Dupont (“Gilbert Dupont”), a wholly owned subsidiary of the Groupe Crédit du Nord, part of the French and international financial group Société Générale, has selected SunGard to access Turquoise, the multilateral trading facility operated by the London Stock Exchange Group.
Specializing in small and midsize companies (SME) research, Gilbert Dupont will add access to Turquoise to its hosted smart order routing platform, operated by SunGard, which already offers best execution across a number of venues in Europe. With rapid implementation times and the benefits of a SaaS (Software as a Service) deployment model, SunGard’s Valdi Market Access enables customers to leverage outsourced trading and data connectivity to reach new markets quickly and efficiently in a cost-controlled environment.
Turquoise has seen strong growth since early 2014, with a focus to improve liquidity leading to consecutive months of market share growth.
“Outsourcing to SunGard the technical complexity of smart trading across multiple venues has enabled Gilbert Dupont to deliver competitive and profitable execution services in Europe’s new market landscape. Adding access to Turquoise will help Gilbert Dupont to further improve the quality of the service we deliver to our clients.” - François de Lard, secretary general, Gilbert Dupont
“Delivering smart access to pan-European liquidity is an essential part of SunGard’s strategy to offer enhanced value to capital markets’ players, as firms look at improving execution quality across their order flow. Key to this strategy is the ability to add new venues quickly and easily, in a cost-controlled environment.” - Philippe Carré, global head of connectivity, SunGard’s capital markets business
SunGard’s Valdi Market Access hosted solution facilitates integrated access to more than 110 trading venues worldwide across multiple asset classes. Covering most European markets for market data and trading, the service strives to offer smart, technology-intensive access to lit and dark liquidity across Europe.