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GL Trade
GL Trade was a French provider of financial order management and trading systems that covered front office, middle office and back office used by international financial institutions. Its main products were real-time market data and trading systems (servers and front end applications); a major part of its success was the GL NET private network linking up exchanges all over the world with thousands of brokers and traders. The company was purchased by SunGard in 2009 and the system was renamed as SunGard Global Trading. History GL Trade was established in 1987. Due to the company's founders Pierre Gatignol and Louis-Christophe Laurent the acronym GL has been instantiated. In 2009 the company was acquired by US based SunGard, one of the world’s leading software and technology services companies. The GL Trade shares were distributed as follows: NYSE Euronext owned approx. 40%, in the hand of the founders were 25,4% and 36,6% of the shares were free floating. In May 2008 SunGard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SunGard
SunGard was an American multinational company based in Wayne, Pennsylvania, which provided software and services to education, financial services, and public sector organizations. It was formed in 1983, as a spin-off of the computer services division of Sun Oil Company. The name of the company originally was an acronym which stood for Sun Guaranteed Access to Recovered Data, a reference to the disaster recovery business it helped pioneer. SunGard was ranked at 480th in the U.S. Fortune 500 list in the year 2012. In August 2005, the company was acquired by seven private equity firms for $11.3 billion and de-listed from the NYSE. SunGard was one of the title sponsors of the pro cycling team until the end of 2011. In August 2015, FIS announced that it had signed a definitive agreement to acquire SunGard. Business SunGard provided software and processing for financial services, K-12 and Higher Education, and the public sector. It also provided continuity-assurance and production d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EBITDA
A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced , , or ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base. It is derived by subtracting from revenues all costs of the operating business (e.g. wages, costs of raw materials, services ...) but not decline in asset value, cost of borrowing, lease expenses, and obligations to governments. Though often shown on an income statement, it is not considered part of the Generally Accepted Accounting Principles (GAAP) by the SEC and the SEC hence requires that companies registering securities with it (and when filing its periodic reports) reconcile EBITDA to net income. Usage and criticism EBITDA is widely used when assessing the performance of a company. EBITDA is useful to assess the underlying profitability of the operating businesses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Of France
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
