Financial software firm SunGard has struck a deal with UBS Investment Bank to give its decalog management system customers access to UBS’s algorithmic trading product.
Decalog is marketed as a portfolio and trade order management tool to help streamline investment workflow and help traders achieve best execution on local and cross-border trading operations. The deal with UBS will grant users access to the bank’s algorithmic trading product.
We are pleased by this agreement which will help Decalog users to access the UBS-DSA suite of tools, commented Tim Wildenberg, managing director at UBS Investment Bank.
Our advanced algorithmic tools predict trading trends by combining historical tick data with real time analysis and highly developed quantitative models with the unique depth of our unrivalled liquidity network. We will continue to enhance our current offerings and provide more client customization.