Itiviti Seals Agreement with Deutsche Börse to Deploy Tbricks Platform

Itiviti, a technology provider for the capital markets industry, has just announced that Deutsche Börse has sealed a long-term partnership which will see the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term deploy the company’s 'Tbricks by Itiviti' platform.

Tbricks by Itiviti is a modern system designed for constant change, combining a high-performance core with flexible, app-based business logic.

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Market Surveillance

Deutsche Börse will use Tbricks by Itiviti for Market Surveillance on Eurex providing real-time derivatives pricing and alerting together with submission of settlement prices.

Consisting of off-the-shelf components, together with bespoke applications provided by Itiviti’s Professional Services, the solution leverages Tbricks' high performance scalable architecture to cover all instruments listed on Eurex (700 underlyings) including equity, index and FX options.

Manfred Matusza, Deutsche Börse Group, said: “We have chosen the technology available from Itiviti as well as their ability to customize to our specific requirements in a very short timeframe. We look forward to continuing to work closely with Itiviti and strengthening our partnership in the future."

Tbricks by Itiviti

Itiviti develops, markets, and supports industry standard technology products and solutions including Tbricks and Catalys, an integrated platform for operations, infrastructure and trading, which was chosen by Chilean brokerage Larrain Vial back in September to support its electronic Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term needs, as reported by Finance Magnates.

Tbricks by Itiviti is designed for today’s trading reality and is built to be customised, scaled, co-located and super-fast. Its app-based architecture combines the tailored functionality of an in-house built system with the convenience of a third party solution.

Lee Griggs, President EMEA, Itiviti, added: “We are delighted a global industry leader of the stature of Deutsche Börse has chosen Tbricks by Itiviti following a comprehensive RFP process. The selection of Itiviti as a core partner for Deutsche Börse is a further testament to both the quality of the technology and services we are able to provide.”