Awesome solutions for demanding trading and clearing venues

Transcription

1 Awesome solutions for demanding trading and clearing venues Price ing / Market Data / Matching / Clearing / Market Data / Clearing Surveillance / Price / Surveillance / Matching / Price / Market Data / Ma Clearing / Surveillance / Price / Matching / Market Data / Clearing / Settlemen / / Surveillance / Matching / Price / Market Data / Matching Clearing / Market Data / Clearing / Surveillance / Price / Surveillance / Matchin / Price Market Data Clearing / Surveillance / Price / Matching / Market Data Cleari / Surveillance / Price / Matching / Market Data / Clearing / Surve

2 Financial marketplaces are on everyone s radar screen these days, after the turbulence of the past years. And market confidence, efficiency, transparency and risk management are increasingly at the center of debate. In the trend towards high-frequency and algorithmic trading, speed has become an obvious issue for many market operators in terms of transaction latency. At the same time, both investors and regulators are looking for greater transparency. With substantial quantities of securities trading on OTC markets, pressure is being put on major actors to provide the transparency and monitoring ability that exchanges provide. Constant change is the mainstay of our industry Moreover, the wave of deregulation in many financial markets brought a host of actors to the stage in the past few years, each seeking to profile its particular strengths. Today, with shifting regulatory trends and rapid technical innovation, competition is fiercer than ever. And wouldn t everyone be happy if clearing and risks were better managed? There has never been a better time to shift focus from posttrade risk management to pre-trade risk management. And when we talk about this at Cinnober, we mean doing it in real time Of course change has always been with us, in all eras, but it s now clear that implementing the right technology is essential to overcoming today s market challenges. As an independent provider of advanced financial technology, Cinnober can help your marketplace seize new opportunities in times of change. That s our offer. And our track record is the proof.

3 Cinnober is an independent technology provider serving many of the world s leading trading and clearing venues. Whether an innovative start-up, or a well-established actor in the market, we view all our customers as long-term partners. The solutions we deliver are most often mission-critical and a significant part of our customers core operations demands on functionality, performance and reliability are therefore extremely high. With state of the art technology, proven processes, and focus on quality, we are passionately focused on helping our customers exploit their full potential. Meet some of the most demanding marketplaces in the world Australian Securities Exchange (ASX) ASX is replacing its equities and derivatives trading systems with a multi-asset solution from Cinnober. BM&FBOVESPA Integrating its four clearinghouses into one entity, running on Cinnober s high-performance, real-time clearing system. CRYEX Plans to offer a regulated market and CCP for trading Bitcoin and other crypto currencies, using a trading, clearing and surveillance solution from Cinnober. Dubai Gold & Commodities Exchange (DGCX) Integrated trading and real-time clearing solution, as well as market surveillance from Cinnober. Deutsche Börse Group (DBAG) Market surveillance solution for their two premier exchanges; the Xetra cash market and the derivatives market Eurex. Euronext A trade validation and confirmation solution enabling bilateral derivative trades to be reported to Euronext and centrally cleared. ICE Liffe Cscreen, the leading global pre-trade price discovery platform, is used to post and respond to Indications of Interest in respect of listed and OTC derivatives. Johannesburg Stock Exchange (JSE) Multi-asset clearing platform that replaces four current systems to provide integrated clearing and settlement. London Metal Exchange (LME) The most liquid industrial metals market in the world, has several Cinnober systems installed, among them the LMEselect futures and options trading platform. LME Clear LME s own clearinghouse, built on Cinnober s TRADExpress RealTime Clearing LSE Derivatives Market surveillance technology from Cinnober. NYSE Regulation Surveillance system for NYSE Group s three equities exchanges and two options exchanges. Qatar Stock Exchange (QSE) Uses trade surveillance technology from Cinnober. Quadriserv AQS, a centralized platform for securities lending, and NTF, a negotiation trade facility. Stock Exchange of Thailand (SET) Integrated equities and derivatives trading platform, including index calculations, market data and surveillance.

4 Treating each of our customers as outstanding performance has pr Building a competitive advantage with an independent partner We have built a name for ourselves when it comes to robustness, performance and reliability not to mention time to market. Our tools and system architecture, together with our skills and knowhow, have produced a vast track record of delivering successful exchange solutions. On time, on budget, and matching changing specifications. More importantly for today s business climate, Cinnober stands for independent and flexible technology. We have proven that our technology and solutions are adaptable to rapidly evolving market requirements and with low total cost of ownership. Versatility and agility by default with TRADExpress TM All Cinnober offerings have a layered architecture with the TRADExpress Platform as the backbone. The Java-based platform runs on a wide choice of hardware, operating systems and databases. This allows you to rapidly take advantage of improvements in technology, for example, by utilizing the fastest and most cost-efficient hardware and databases. You can expect extreme performance in terms of low latency, high throughput and scalability. Whatever your financial marketplace, we can apply our technology and business knowledge to support your unique business model. TRADExpress provides a robust, fully redundant and scalable infrastructure, enabling high-content, customized solutions. The logic of each specific business module is added on top of the platform layer. Additional unique customer adaptations including integration with proprietary code can be added on top of that.

5 a long-term partner with shared goals for oven to be a successful formula. Solutions for trading and clearing venues Cinnober delivers solutions within the entire transaction chain of trading, in any assets or instruments, all the way from price discovery and pre-trade risk management to clearing and settlement. If desired, our products can be delivered fully hosted and managed by our experienced service organization. TRADExpress TM RealTime Clearing Comprehensive real-time clearing solution for OTC and exchange-traded instruments. Manages millions of accounts and thousands of transactions per second with market leading low latency. Cinteg TM Turnkey surveillance system, powered by Ancoa, offering market operators a seamless route from the detection of market abuse to presentable evidence. TRADExpress TM Client Clearing A multi-market post-trade solution that enables financial services firms to offer best-in-class services, and cope with changing regulation while achieving new levels of efficiency. TRADExpress TM Information Manager Market data solution that consolidates, refines and distributes data from multiple sources in a harmonized flow to market participants and data vendors. Powered by Ancoa TRADExpress TM Risk Manager Offers a set of risk-related functions for trading venues and market participants to perform preand post-trade risk validations. TRADExpress TM Trading System High-performance, low-latency trading engine that meets the needs of the most demanding trading venues. TRADExpress TM Ultra Streamlined trading engine for markets where speed is absolutely critical. Average doorto-door latency is less than 10 microseconds. TRADExpress TM Event System Trading engine for financial event derivatives such as binary options and range futures. TRADExpress TM Index Engine Real-time index engine, publishing updates in microseconds. Software as a Service TESS TM Connect & Go TESS is a full-service exchange solution that quickly gets your new or established trading venue powered up and growing. In addition to exchanges, it perfectly suits the needs of Multilateral Trading Facilities (MTFs), Organized Trading Facilities (OTFs) and Swap Execution Facilities (SEFs). Its core being TRADExpress Trading System, TESS offers a global, high-performance multi-asset execution platform and modern market surveillance. All on a subscription basis. With a pricing structure based on usage, you only pay for what you need. TESS lets you put your resources where they count, while giving you instant access to leadingedge marketplace technology.

6 Cinnober s strength comes from passionately engaged specialists who apply and adapt advanced business solutions for clients. We employ over 250 people, nearly all of them partners, and most have an in-depth background in marketplaces and financial IT. We are proudly independent. Building partnerships with customers, based on trust, transparency and shared knowledge, is a key company value. At Cinnober, we see opportunities in the drastic changes occurring in financial markets; these changes are driven by harsh competition, shifting regulatory trends and globalization. But this new landscape also means lower entry barriers and a larger role for technology which is exactly where we excel. We can help our clients quickly create new market opportunities and gain new positions faster than their competitors. Stockholm Umeå London New York Head Office: Kungsgatan 36 SE Stockholm Sweden