The Market globalization and the increasing number of Exchanges, MTF and settlement systems expand the number of parties involved in financial processes. One significant example is the clearing and settlement process, that sees an on-going communication between market platforms, brokers, central counterparts, and settlement systems.

Several different communication mechanisms exist, which make it more and more complicated to adjust procedures to different communication channels and protocols adopted by message exchange networks.

Our solution provides a prompt response to the need for standardized communications between counterparts using different communication technologies.

Message management features, directly offered to our customers, make these independent not requiring software amendment to:

•  define new data

•  qualify new messages

•  handle data format conversions