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Archive for October 7th, 2014

SunGard Wins FOW Award for Asia for Best New Product for Valdi Retail Trader

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SINGAPORE, Oct. 3, 2014 /PRNewswire/ — SunGard’s Valdi Retail Trader, which provides banks and brokers in Korea with a powerful online retail trading platform for global equity markets, has been named “Best New Product for Trading and Execution” in the 2014 FOW Awards for Asia.

Retail trading represents more than 66% of market volumes in Korea’s equity markets. SunGard’s Valdi Retail Trader was developed in collaboration with local technology firm Winway to provide an advanced Korean-language trading interface for sophisticated retail investors, and a scalable, resilient ASP-based infrastructure for market access and real-time risk management for 20 exchanges worldwide.

“Our awards distinguish technology companies that have solved a problem creatively, advanced new possibilities, or improved the way participants approach the region. With retail trading activity in Korea representing a significant volume of the market, the judges recognize SunGard’s Valdi Retail Trader solution for bringing innovation to the Korean market.” William Mitting, publisher, FOW

“This award win is a testament of our strength in global trading solutions, and a reflection of our continuous investment in new technology and services that can adequately support the changing dynamics of the industry. SunGard services all types of investors, including institutional investors, asset management firms and retail investors, with demands growing more complex and sophisticated every day. SunGard’s suite of solutions enables our customers to implement smart operations to help them gain a competitive advantage in the marketplace while controlling costs with a managed service.” — Nasser Khodri, managing director, Asia, SunGard’s capital markets business

SunGard has been providing software and connectivity solutions to support trading on electronic exchanges globally for more than 25 years, while Winway has a strong track record in enabling retail investors to analyze the Korean market and to trade on Korea Exchange. The two firms have combined forces to address customer demand for full international trading capability from an established application interface: Valdi Retail Trader is the resulting product platform. To help ensure a premier user experience, Winway will provide first-level support in Korean language to both end users and local brokers.

About SunGard Financial Systems

SunGard Financial Systems provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry. The primary purpose of these systems is to automate the many detailed processes associated with trading, managing investment portfolios and accounting for investment assets. These solutions address the processing requirements of a broad range of users within financial services, including asset managers, traders, custodians, compliance officers, treasurers, insurers, risk managers, hedge fund managers, plan administrators and clearing agents. In addition, we also provide professional services that focus on application implementation and integration of these solutions and on custom software development.

© SunGard 2014. All rights reserved.

SunGard, the SunGard logo, SunGard Valdi, and SunGard Valdi Retail Trader are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries.  All other trade names are trademarks or registered trademarks of their respective holders.

To learn more about SunGard’s Valdi Retail Trader solution, please contact:

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Source: SunGard

Written by asiafreshnews

October 7, 2014 at 2:58 pm

Posted in Uncategorized

NI Holds NIDays 2014 in Singapore

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-Over 350 Engineers, Educators and Scientists Experience the Latest in Software-Designed Systems for Test, Measurement and Control

SINGAPORE, Oct. 3, 2014 /PRNewswire/ — NI (Nasdaq: NATI), the provider of solutions that enable engineers and scientists to solve the world’s greatest engineering challenges, started off the Southeast Asian leg of NIDays 2014 in Singapore yesterday. With over 350 engineers, educators and scientists in attendance, NIDays featured sessions on the graphical system design platform and presented the latest in software-defined systems in design, test, measurement and control.

Previously named GSD Summit, NIDays upholds the NIWeek tradition of showcasing compelling technologies and market-focused applications that use the graphical system design platform.

“NI is committed to improving hardware and software systems so that engineers and scientists can effectively manage complexities in the embedded and industrial market, thereby accelerating innovation and discovery. We are delighted to launch NIDays 2014 in Singapore and look forward to yet another dynamic and interactive session around emerging trends and technologies,” said Chandran Nair, managing director, NI Southeast Asia

Nair and Mike Santori, vice president of product marketing at NI, led the panel of speakers with a keynote presentation on Big Analog Data™ and the industrial side of the Internet of Things (IoT). Using a platform-based approach, engineers and scientists can push the boundaries of the IoT in areas including automated testing of consumer devices; designing, prototyping, deploying and monitoring industrial systems; and the development of next-generation wireless communications. NI has also developed NI InsightCM Enterprise as its first end-to-end software solution to gain insight into the health of capital equipment for machine maintenance and operations and help companies address Big Analog Data™ challenges.

In its study, Worldwide and Regional Internet of Things 2014-2020 Forecast, technology analyst firm International Data Corporation (IDC) predicts that the global IoT market will hit $7.1 trillion USD by 2020. IDC data estimates the global IoT market at around $1.9 trillion USD last year, with some 90 percent of all IoT devices installed in developed regions.

Another highlight is the NI Semiconductor Test System (STS) series. These PXI-based automated test systems reduce test costs for RF and mixed-signal devices by opening access to NI- and industry-offered PXI modules in semiconductor production test environments. Compared to conventional semiconductor automated test equipment, STS lead users are experiencing reduced production costs and increased throughput and can now perform both characterization and production with the same hardware and software tools.

At NIDays 2014, NI presented engineering feats in medicine, energy, urban infrastructure and other high-impact research and development initiatives. The company also recognized Southeast Asia’s outstanding engineers and scientists with the 2014 NI Engineering Impact Award.

From Singapore, the NIDays event series will make its way to Manila, Philippines on October 17, Petaling Jaya, Malaysia on October 30 and Bangkok, Thailand on November 28.

To access keynote presentations, please visit:

About NI

Since 1976, NI ( has made it possible for engineers and scientists to solve the world’s greatest engineering challenges with powerful, flexible technology solutions that accelerate productivity and drive rapid innovation. Customers from a wide variety of industries—from healthcare to automotive and from consumer electronics to particle physics—use NI’s integrated hardware and software platform to improve the world we live in.

Big Analog Data, National Instruments, NI, and NIWeek are trademarks of National Instruments. Other product and company names listed are trademarks or trade names of their respective companies.

Editorial Contact: Jessie Lee, (65) 6226 5886

Source: National Instruments

Related stocks: NASDAQ-NMS:NATI

Written by asiafreshnews

October 7, 2014 at 2:49 pm

Posted in Uncategorized

Budget Strengthen its Presence in Singapore by Opening its 5th & 6th Location

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SINGAPORE, Oct. 3, 2014 /PRNewswire/ — Budget Car Rental today announced the official opening of its two newest car rental locations in Singapore. The new facilities located in 356 Alexandra Road opens on the 13thOctober, 2014, while a station within Caltex Holland station at 297 Holland Road will commence operation on the 10th November, 2014. These two new locations bring the number to a total of six Budget Car Rental stations over the past two years since it started operations in Singapore on October 22, 2012.

Singapore is one of the famous tourist destinations in Asia and the demand for rental vehicles is high and growing. The expansion of Budget in Singapore illustrates our commitment to serve the growing market and that we are well-positioned to capture incremental volume and revenue within this fast-growing travel market,”said Patric Siniscalchi, president, Latin America/Asia-Pacific, Avis Budget Group.

Value-conscious residents and travelers within the area who are in need of a temporary transportation can now rent, self-drive, relax on a weekend getaway and enjoy the benefits of great rates on quality, well-maintained cars ranging from compact-size Nissan Almera and Mazda 3, the full-size Toyota Camry to the Mazda CX-5 sports utility vehicle.

To celebrate the opening of the new locations, Budget offers 40% discount on self-drive car rentals for pick-up at Caltex Changi Station, Caltex Holland Station and in Alexis Station until 31st December 2014.

For more information or to make a reservation, visit or call 1800 305 5390.

About Budget

Budget Car Rental is one of the world’s best-known car rental brands with more than 3,000 locations in more than 120 countries. Budget is an industry leader in providing vehicle rental services to value-conscious travelers and also operates the second-largest truck rental business in the United States, through a network of more than 2,100 corporate owned, dealer and franchised locations. Budget is owned by Avis Budget Group, Inc. (NASDAQ: CAR), which operates and licenses the brand throughout the world.

Source: Budget Singapore

Related stocks: NASDAQ-NMS:CAR

Written by asiafreshnews

October 7, 2014 at 10:09 am

Posted in Uncategorized