Valbury Capital Limited, one of the leading London-based brokerage firms, has selected SunGard's IntelliMatch Operational Control to help automate its reconciliations, provide seamless back-office support for its clients and help ensure compliance with regulatory and audit requirements.
Valbury Capital is part of Valbury Group, one of Indonesia's largest financial services brokers. It offers FX and Futures trading and is a member of the Jakarta Futures Exchange .
The Indonesian Rupiah is currently trading at 9 433.96 against the greenback.
The FSA-regulated broker provides a Multi-Asset broking service to professional traders and financial institutions. Clients also benefit from its deep-rooted Asian expertise, providing Asian clients with a London-based broking service, and European customers with a specialist trading gateway to Asia. SunGard's IntelliMatch multi-asset class reconciliation solution will support Valbury Capital's trading activity by helping it reconcile client cash and securities trades, cash movements and positions, as well as FX confirmations.
Mark Hanney, chief executive officer of Valbury Capital, said, "We selected SunGard's IntelliMatch Operational Control to help us automate reconciliations across our back-office and to support our planned business growth. The SunGard team impressed us with their reconciliation expertise in multiple regions and across multiple asset classes."
Jennifer Hanes, executive vice president, Operations, for SunGard's Banking business, said, "Valbury Capital has an exciting growth plan for its business and as a result selected SunGard to help it streamline its operations and meet increasing client demands for better, personalized services. SunGard's IntelliMatch Operational Control provides back-office automation to help firms like Valbury Capital improve efficiency and accuracy at reduced cost and risk."