EMIT

Software bv

Financial- and Banking Systems

Starting point for our Financial- and Banking System projects is the combination of new technologies with more mature and proven ways to implement systems.

Some of our projects are:

Investment Banking Auto Quote (IBAQ)

An application that automatically generates and monitors orders to the Euronext and fills in the Liquidity Provider functionality. As the system automatically generates trades in large volumes, this is a high-risk system. A system failure can easily result in significant losses for the bank.

Foreign Exchange Information System (FEIS)

Used by MeesPierson, Fortis Bank and ABN AMRO. Based on a combination of trader input and market prices, the system creates and distributes trade-able forex prices to various applications within and outside the bank.

Intraday Position Calculator (IPC)

Reports intraday positions using the previous end-of-day position and intraday trades received from the stock exchanges. The number of transactions processed by the IPC is high, up to 6 Million transactions per day, 150 transactions per second. The reports to be generated are large, both in volume and in numbers. For these reasons performance was an important point for the implementation of the IPC

Stock Exchange Connectivity

A range of gateways to offer existing systems (IBM Mainframe, AS400, Unix, Windows server) connectivity to the various Stock Exchanges (Euronext, NYSE, Xetra, Deutsche Boerse, ....) for trading and clearing, hiding specific protocols such as FIX, FAST, HSVF and MMTP.

Real Time Risk Management (RTRM)

Risk Management calculation of ABN AMRO Clearing positions and customer positions (Value at Risk).

Trouble shooting and advice

In quick audits the bad behavior of several systems was analyzed. The advice in the conclusion of the audit resulted in increased stability or a better performance (or both). Systems that were audited and were improved include:

  • IceBreaker Intranet application (Windows, ASP, MS-SQL, HTTP)
  • Personal Investment Informer (Domino Server, browser, HTTP)
  • PeopleSoft (Windows, Tuxedo, AS400-DB400, ODBC)
  • Electronic Client Dossier (Smalltalk, DB2)
  • Key Performance Indicators (MS-Access, Excel, Windows, OS/2, Citrix)
  • Databank, an AS400 back-end system (AS400-DB400)
  • TRIS, a Trust application (Novell, Unisys, Windows)