Trading Rooms

Our solution is supporting integration projects in Trading Rooms and Treasury divisions of Banks or Investment Companies, among the 3 main parties or software environments:

• Markets (electronic or OTC)
• Specialized Position Keeping and Risk management applications
• Core banking systems (back office applications, usually running in Mainframe environment)

In Europe and worldwide, two Position Keeping solutions are emerging as market leaders, highly specialized and with a significant complexity of consultancy activities, both business and technical:

• Kondor+ ® by Reuters
• MGX® by Murex

ETA has a large and proven experience of technical consultancy upon both solutions, using standard Enterprise Integration Tools (CICS-gateway, MQ-Series, etc) and its own solutions, which are available for both Position Keeping packages on the marketplace:

• Kupido as ETA integration solution for Kondor+ ® by Reuters
• Murena as ETA integration solution for MGX® by Murex

The challenge in this type of projects is the automatic integration of transactions IN-OUT of the Position Keeping system :

• IN: automatic data capture of transactions from electronic Markets into Position Keeping;
• OUT: automatic data distribution of  transactions  to back-office applications

This requires an analysis of data model of the different applications, to cover following areas:

• static data alignment
• data-mapping & re-formatting
• reconciliation processes