SunGard is to reissue Front Arena, its cross-asset trading software which provides risk management and control for cross-asset transactions. The latest version, Front Arena 4.3, includes high volume FX trading capabilities, straight-through processing and real-time pricing.

"In today’s volatile markets it is imperative for companies to operate with robust yet flexible technology. In addition, FX trading systems are moving towards the concept of a single and transparent process, one which allows for more comprehensive management of profit, risks, cash flows and workflows across all asset classes and desks," said
Tim Dodd, head of product management for SunGard’s Front Arena business unit, in a statement.

"SunGard’s Front Arena can handle high-volume trading quickly and efficiently, whilst providing traders with pre-trade risk analysis and optimal trading scenarios,” he added.

The latest release of Front Arena includes functionality for grid computing and remote sheet calculations for large portfolios. In addition, it offers a new server-side quoting component for improved response times, improved position analysis, access to Front Arena business logic in Microsoft Excel and new instrument support for fixed income, interest rate derivatives, credit products and structured equity products.

With annual revenue of $5 billion, SunGard provides software and processing solutions for financial services, higher education and public sector institutions. Headquartered in the
US state of

Pennsylvania, the company employs 17,900 people in more than 400 offices across 30 countries.