Otkritie Capital Selects SunGard For Ruble Conversion
Otkritie Capital, a Russian financial services provider, has chosen SunGard to introduce a direct market service that will enable automatic real-time conversion of the Russian Ruble to the US dollar, reports Finetra. Part of the new services will include the ability to access Russian trading venues. The direct market access will automatically convert ruble transactions on the Moscow Exchange order books into the dollar, which will make the process easier for clients and encourage them to remain currency-neutral.