End-to-End Global Network Solutions
Transaction Routing Hub
The ASPone Transaction Routing Hub (TRH) is a data integration, routing, storage and reporting system for trade and post-trade data.
External Systems Integration
Trade information can be received from Deal Entry/Management systems, Trading Systems, ECNs and Exchange Trading Services. The TRH provides connectivity to the growing population of voice brokers and ECNs already publishing to the Reuters Trade Notification Service (RTNS).
The ability to connect to multiple venues covering a wide range of asset classes, using a wide range of transport protocols finally provides users with a single repository for all their trading activity.
The system supports a number of popular trade and post trade messaging protocols including XML, FpML, FIX, SOF, CSV etc.
Information sources received by the TRH can be routed to one or more presentation interfaces for delivery via Fax/Email, Third-Party Notification/Confirmation Services, contribution interfaces, proprietary feeds, back office/treasury systems etc. A flexible range of configurable output formats is supported including FIX/FPML/XML/TOF etc thereby supporting a large number of connectivity options.
When used in conjunction with other ASPone contribution and feed server components, the TRH can be used to provide prices to the market via third-party information vendors or direct to customers with a proprietary feed respectively. For regulatory compliance, such as MiFID, the TRH can be used as a data source for the ASPone Trade and Transaction reporting systems.
Storage, Searching and Reporting
Using the ASPone Reporting Centre in conjunction with the TRH transaction repository, it is possible to perform a range of searches and queries in order to find specific trades, groups of trades, trades from a given venue, by a specific trader etc in order to generate reports for back office and MIS reporting purposes
The Multi Venue Blotter (MBV) provides traders with a universal view of all executed trades and allows them to be enriched with additional details and trade allocations before releasing to downstream systems, if required.