Rabo and Southwest Securities Select SunGard Solutions
Rabo Securities, the equity investment bank of Rabobank Group plans to implement SunGard’s Front Arena for equity trading, order management and exchange connectivity. Front Arena will replace the bank’s existing in-house system to help enable the integration of the bank’s wholesale and retail order flow, with connectivity to multiple execution venues including exchanges, brokerage networks and customers. Rabo Securities will also take advantage of Front Arena’s smart order routing, rules-based order interception, basket trading and internalisation functions. In addition, Dallas-based Southwest Securities, a principal subsidiary of the SWS Group, has chosen SunGard’s WealthStation, a web-based workstation that helps financial advisors manage the various assets of high-net-worth investors. Southwest Securities will implement WealthStation in an ASP environment for its diversified group of financial advisors, independent representatives, and correspondent brokers.