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Eurobase Launches Siena e-Trading Solutions with Four e-Trading Modules


Eurobase Banking Solutions today launched its four e-Trading modules designed to provide banks with the tools to maximise revenue generation from customers and branches. These modules can be used together as one all-encompassing unit or combined with existing in-house solutions to provide best-of-breed functionality and connectivity both to multi-bank portals and the banks? own trading platforms. The new product suite means that banks can now trade in a wider variety of products then ever before and obtain the widest range of prices ? from just a single screen and without having to introduce new systems. It claims transaction completion in 6 to 60 milliseconds.

The product suite consists of:

Siena e-Trader browser-based trading and order management application supporting Foreign Exchange (FX), Money Market (MM), Bonds, Options & Derivatives using executable streaming prices (ESP)

Siena XML Gateway multi-venue connectivity for both insourcing and outsourcing of multi-asset liquidity

Siena Rate Manager full rate management with multiple margins, price skewing, tolerance and volatility checks

Siena Limits System real-time pre- and post-deal limit checks supporting highly complex instruments

The Eurobase e-Trading Solution offers:

? One-click web-trading solution using Executable Streaming Prices (ESP), Request For Quotation (RFQ) and Dealer Intervention

? The flexibility to rapidly deploy new financial products

? Transaction processing in 6 to 60 milliseconds

? A connectivity solution to multiple portals and trading systems for both liquidity insourcing & outsourcing of FX, MM, Bonds, Options and Derivatives

? eFX price streaming to all e-Portals and trading systems with ongoing extensibility to new venues

? Full rate management capability with multiple margins, price skewing, tolerance and volatility checks

Carl Martin, Group Technology Director, at Eurobase International comments on the significance of the launch: ?Speed, interoperability and risk aversion are key issues within any trading environment. The solution covers all these bases and brings connectivity between multi bank portals and banks? own trading platforms to the market for the first time. We already have two global trading banks using components of the new system.? click here to return to the top of the page
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