Oppenheimer Extends Relationship with SunGard

Jan 06, 2009

Oppenheimer and Co. Inc. has extended its relationship with SunGuard, a provider of software and processing solutions for financial services, higher education, and the public sector. Oppenheimer and Co. Inc.’s Equity Capital Markets group is relying on SunGard’s Brass Liquidity Services algorithms to help it serve clients, reduce trading costs, and improve productivity and overall performance. The Brass Liquidity Services algorithm strategy suite provides Oppenheimer traders with historical statistics and monitoring of market conditions to help them make more informed decisions and capitalize on available liquidity. Brass Liquidity Services Algorithms can also facilitate enhanced risk-adjusted performance by making trade-offs between risks and expected returns.