Post Execution Trade Management, A Key Axis In The GL TRADE Group Development Strategy - GL TRADE Will Be Presenting Its Back-Office Solutions For Derivatives, Bonds/Fixed Income And Equities At The Derivatives & Securities World Exhibition In London (Jun

Dealing with more complex instruments across multiple markets and currencies, increasing transaction volumes, a wider range of markets and counterparties to communicate with, forthcoming regulation to streamline the clearing and settlement landscape in Europe … these are just a few examples of today’s challenges propelling change in back-office operations.

GL TRADE, as a leading ISV, is pursuing its core strategic goal by providing the financial community with an extensive software suite designed to manage the entire lifecycle of an order, including a strong commitment to multi-asset trade and settlement products.

A strategic choice supported by a long established and targeted external growth policy which saw the acquisition of London based FL Software (derivatives clearing) and French Tenor in 1999 and MSTS back-office activity for securities and OTC markets in 2003.

In December 2004 GL TRADE acquired Ubitrade, ideally completing its back-office offering on the derivative side of the business.

“With the acquisition of Ubitrade, GL TRADE further strengthens its position across the entire Straight Through Processing (STP) chain and enhances its expertise in back-office solutions for a wide range of asset types. Bringing together our technologies mirrors the needs of our clients for whom providing enhanced customer service is becoming ever more critical within a market where traditional asset silos are blurring. ” says Mike Googe, Marketing and Pre-sales Manager for GL RIMS and GL SECVISION.

Philippe Carre, Client Services Director with GL TRADE, adds: “This original positioning makes GL TRADE the first supplier to provide a fully integrated, yet component-based, multi-asset offer with GL STREAM™ Front to Back solution.”

Product demonstrations and marketing synergies will be presented on GL TRADE booth # 13 on the occasion of the FOW Derivatives and Securities World Exhibition. This event will be held on June 29th and 30th at the Barbican Centre in London.