Our Experts

Tony Scianna Anthony Scianna
executive vice president, product management and marketing
SunGard’s brokerage and clearance business
anthony.scianna@sungard.com
Tony Scianna is executive vice president, product management and marketing for SunGard’s brokerage and clearance business. Prior to joining SunGard, Mr. Scianna was the chief operating officer of Refco Securities. During his more than 25 years in the financial services industry, he has held positions at Hornblower, Weeks, Hemphill & Noyes, Loeb Rhodes and Spear, Leeds & Kellogg.

Tony Scianna leads technology and service initiatives that are designed to help customers improve operating efficiency, enhance the end client experience, and improve transparency and risk management. Mr. Scianna has extensive knowledge and experience in global securities processing and back office brokerage operations. He has experience in helping firms to expand globally, to enhance their processing and clearance of equities, options, fixed income and derivatives as well as expertise in enterprise data management and tax information processing.

Commentary

Over the years, firms have built or acquired diverse legacy environments consisting of individual point solutions, multiple databases and reporting modules, and a “siloed” technology infrastructure supporting specific asset-classes, business segments or markets. These fragmented environments have become obstacles to meeting today’s challenges.

Firms need to aggregate data from multiple sources in order to achieve greater processing efficiencies, access enterprise-scale decision support information, bridge legacy technology gaps and provide sales reps and end-customers information to make financial decisions based on a complete view of their portfolios.

This need for a complete view is particularly important in post-trade derivatives, where fragmented systems and manual processes make it especially challenging to attain transparency and control risk and exposure. Buy- and sell-side firms that can automate processes, handle all aspects of communications with each other, and see real-time status updates of their activities – all through a single interface – will have greater control, increased operational efficiency and reduced execution and counterparty risk.