Fairmont Dubai, Nov. 18th, 2006. SunGard (http://www.sungard.com) and Sharesoft Solutions (www.sharesoft.ca) announced today the launch of an integrated front to back e-brokerage solution, sharetrade™. sharetrade™ provides brokers and investors in the Arabian Gulf region with a simplified and user friendly trade processing platform.
The platform offers real time market information & third party contents integrated with SunGard APSYS, a private client wealth portfolio management, back-office settlement and client reporting solution.
sharetrade™ was launched in the first day of GITEX 2006 and the ceremony was carried live by TV stations and witnessed by top Canadian and Swiss diplomats as well as members of the local business community.
Developed in Dubai, sharetrade will help brokers to attract and handle transactions in a risk managed environment while offering their clients with a bilingual mobile, desktop and web application that addresses the clients’ trading needs.
Envisioning Dubai to be a new GCC financial hub, Sharesoft was established to provide real-time market information commencing with direct connectivity to the Dubai Financial Market (DFM), Abu Dhabi Securities Market (ADSM) and Tadawul.
Nezar Freeny, Chief Executive Officer of Sharesoft, said, “As we progressed, we recognized the need for a complete e-brokerage solution that is able to handle large volume of trades. For reasons such as time to market, reliability, security and scalability, we started searching for a link with a back office system that could complete the value chain, and SunGard’s APSYS was identified as the best fit. The partnership we will be celebrating tonight affirms our mutually complementary solutions.”
Harold Finders, SunGard’s Group Chief Executive Officer for Financial Systems – Europe, said: “Our goal is to help local brokers to compete internationally while preserving their local values and principles. We identified the combination of Sharesoft platform with SunGard APSYS offered in an ASP or in a deployed mode to be an attractive offer to the GCC markets.”
Sharesoft Solutions is a Canadian Software Solutions provider specializing in the Financial Markets targeting the Arabian Gulf (GCC). Sharesoft Solutions is legally registered in Canada, UAE and Saudi Arabia with offices in Toronto, Dubai and Riyadh respectively. Sharesoft Solutions mainstream project is the Sharesoft platform, which aims to become the leading online and mobile securities trading platform serving investors in the Arabian Gulf region. sharesense™ provides real-time markets information while sharetrade™ enables investors to execute transactions in real-time.
A real-time multi-lingual, multi-currency system for European private banks, APSYS (Advanced Private Banking System) supports these institutions with a broad array of capabilities. These range from portfolio management to trade order entry and transaction processing. APSYS integrates these capabilities, helping customers to achieve the efficiency of straight-through processing. It supports a variety of asset classes, including futures, options, mortgages, and unit trusts/mutual funds.
With annual revenue of $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world’s 50 largest financial services companies. Visit SunGard at www.sungard.com.
Trademark Information: SunGard, the SunGard logo and APSYS 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.
Like last years Visual Studio 2005, SQL Server 2005 and BizTalk 2006’s community launch initiatives, Microsoft along with communities like INETA and Culminis are coming up with bigger and better community launch event for Windows Vista, Office 2007 and Exchange 2007. This is said to be the biggest joint launch ever.
Just like last year, I am part of this community launch initiative both as a UG leader as well as a Virtual Trainer. Virtual training program does not only focus on technology related content, it also focuses on presentation skills. So Virtual Training program is divided into two phases. Phase 1 targets presentation skills and has presentations delivered by expert speakers on topics like “10 tips to preparing a presentation”. Phase 2 will have technical presentation related to products that are being launched i.e. Office 2007, Windows Vista and Exchange Server 2007.
Today, I did my first presentation on “10 tips for preparing a presentation”. This event was scheduled to take place at 11 AM (GMT + 4). I initially had few problems in setting things up with conference call and importing slide deck into Live Communication Client. But with the help from Justine Davies of Microsoft’s Community Launch Team, we were able to set up things appropriately ahead of time.
Event started a bit late but once it was started I believe it went well. I couldn’t sleep the night before because of work at office and then for the preparation slide decks. But the very fact that I had one participant who logged in from PERU @ 3 AM local time was good enough to get me all charged for the presentation.
Following are a few tag lines from the presentation:
Cogito ergo sum! | “I think, therefore, I am!”
It’s all about U!
If you don’t know which way to go. Any road will do!
KISS (Keep it simple stupid) principal
A picture is worth a System.Int64.Max words!
MOI (motivation, organization and innovation) model!