TP ICAP Data & Analytics aggregates ICAP, Tullett Prebon and PVM data via SURFIX. As one of the first integration partners, oraïse has implemented the new API and we are very pleased to have partnered with TP ICAP on SURFIX, enriching our SnapFlux market data hub with a valuable data source for our customers, providing them with ever more choices in meeting their specific market data requirements
Is it possible to initiate and run a consulting project during a global pandemic?
Before the pandemic started, we received an RFP from a Swiss customer regarding a market data project. We started to discuss what we can offer and what our approach could be. Usually these kinds of projects involve a lot of interaction with the customer and staff onsite – doing workshops, conducting interviews, getting a feeling for the situation, and eventually developing a solution scenario. So, we thought starting the process would not be possible without meeting in person.
However, the customer was under a certain pressure to kick off the project as soon as possible with the pandemic not going away real soon. The oraise group has been selected to conduct the project – not only because of the concepts we developed to handle everything remotely.
We started the project without having met each other personally. We did all the project work with a team of three consultants from oraise working with a team of five from the customer (who are also working remotely). We conducted interviews, coordinated virtual meetings and workshops, and made good progress – much better than expected.
Despite seeing each other only via video, we have built a good relationship of trust. The project worked out very well and is successful – as the customer confirmed to us.
After running the whole project fully remotely the core team eventually met in person once (as the Covid-19 situation got better for a while) to discuss the results. It was good to see the people in person finally and everybody agreed that things went far better than expected in the beginning.
So, what is the bottom-line? Remote projects are possible, they may even be more efficient (no travel times & meetings stick to business topics) than on-site projects.
We had a good plan and adhered to it consequently.
However, social interaction without meeting in person is difficult. We were lucky that everybody pulled in the same direction and that there were no difficult stakeholders and politics that are part of many projects.
In the future – post pandemic – we are looking forward to running projects with the experience we gained with the best from both worlds – having personal interaction as well as efficient and concentrated remote work.
For more information on this exciting reference please contact us: Michael Schobert, Head of Implementation, firstname.lastname@example.org.
In the first half of 2020, the oraise group successfully completed the re-certification of its Information Security Management System (ISMS) according to the ISO/IEC 27001:2013 standard. The TÜV Rheinland certified the oraise group:
“The organization has established and implemented an effective system to fulfill its policies and objectives. According to the audit objectives, the audit team confirms that the organization’s management system meets the requirements of the standard(s) and that the requirements are adequately maintained and implemented”. According to TÜV Rheinland, the chosen method of conducting the required internal audits also contributes “to very good knowledge of the effectiveness of the ISMS”.
The existing ISMS was certified for the first time in 2017 according to ISO/IEC 2700:2013 by TÜV Rheinland and was continuously expanded within the oraise group. It includes all business units and locations of the oraise group in Switzerland and Germany.
Please contact us: Torsten Ewald, Information Security Officer, e-mail to email@example.com or call us: +49 69 98 1955 – 300.
Monday/Tuesday 10-26/27 2020
Zürich Marriott Hotel, Neumühlequai 42 – Zürich
Under the motto “The Green World of Market Data”, well-known companies will present their portfolio. There will also be plenty of time for networking. We will be at SIPUG with our orange world and focus on the following topics
PICOS TRCC Adapter
SnapFlux EDM Edition
We look forward to seeing you at the oraise booth!
Questions? Please contact us at firstname.lastname@example.org
We are pleased to announce that SnapFlux for Avaloq again recieved the predicate “Avaloq Certified Adapter” by the Avaloq Evolution AG for Avaloq Core (version 4.3).
Our solution enables financial enterprises to integrate Thomson Reuters and Bloomberg market data on a regular, automated basis into Avaloq Core. SnapFlux for Avaloq eliminates manual procedures and increases operational safety significantly. Learn all the details about SnapFlux for Avaloq.
The Avaloq solution comprises a fully integrated, modular banking solution for back, middle and front office functionalities and is successfully run in the most demanding financial centres in the world. With Avaloq Core you recieve customised, state-of-the-art business solutions based on the latest technologies. Its complete integration allows end-to-end coverage of processes with maximum efficiency and flexibility. Learn all the details about Avaloq Core.
On Tuesday, 28th of October 2014 the annual Meeting of the Swiss Information Providers User Group (SIPUG) takes place in Zurich and oraïse will attend as exhibitor again.
Following the motto “where the marketdata people meet” visitors can expect a mixture of lectures and presentations as well as an vendor exhibition and the possibility for networking with key people of financial institutions and providers. We are looking forward to your visit. Additional information and the detailed agenda can be found shortly on the website of SIPUG.
oraïse is attending as exhibitor again
On Thursday, the 16th of Oktober 2014 it’s time again for the seventh annual Open Day 2014 of the Deutsche Börse Group, the leading event for IT professionals and executives in the financial trading and clearing industry.
oraïse will attend again as exhibitor. You will find us, as the years before in the exhibition area. Furthermore we will inform you as part of a sponsor presentation about the latest news and developments of our Exchange Services portfolio. More details will be available soon on our website. We are looking forward to your visit. For additional information about the Open Day 2014 please visit the web site of Deutschen Börse.
The rapid and user-friendly solution for accessing the SNB (Swiss National Bank).
Just in time to the startup operations of the new Swiss money market trading platform of SIX Repo AG, oraïse provides “Exchange Services for SIX Repo AG”, the new solution for accessing the Swiss National Bank (SNB).
Our solution concept enables enterprises to easily and quickly implement all the advantages of a managed hosting solution. Based on our established managed service solution for Eurex Repo we have enhanced our redundant infrastructure and our service portfolio in close collaboration with the SIX Group to provide an easy access to the Swiss Repo market right from the start of the new trading platform.
For more information, see the section Exchange Services or even download the new fact sheet Exchange Services for SIX Repo AG. Just click on the Download button.
Effective immediately, the new partnership brings together core competencies in the field of qualified managed services and innovative software solutions in the banking sector.
Bremen, Jona, 31 March 2014: The Swiss company BST Banking Software Training AG, based in Jona (Canton of St. Gallen), producer of the innovative software suite FinOffice[superscript]®[/superscript], and oraïse, IT business partner for the financial market, with headquarters in Bremen (Germany), agree a strategic partnership with the aim of exploiting synergies and jointly promoting market development, especially in Britain and France as well as in Germany and Switzerland.
This partnership thus brings together two companies with the know-how to close the gap between professional market data management and the provision of qualified managed services to the financial market and, in particular, the trading sector. In addition to the integration of FinOffice[superscript]®[/superscript] modules into the oraïse service suite, oraïse takes over the exclusive distribution of FinOffice[superscript]®[/superscript] in Germany.
FinOffice[superscript]®[/superscript] by BST enables companies to automate market data management in a simple yet innovative way. Various modules are available for selection and allow users to sustainably improve efficiency and transparency in market data management. FinOffice[superscript]®[/superscript] is the unique software suite for all market data management requirements, from invoice entry to user and vendor management through contract, license and order management to monitoring and reporting.
The core competencies of oraïse include professional operating and service concepts for trading and IT. oraïse has acted as IT business partner since 1994 and has a broad portfolio of individual and modular managed services. The range of services extends from the operation of complex IT infrastructures and hosting through on-site services, remote support and market data management to connectivity solutions and virtualisation for customers in the market and trading data environment.
“The partnership with BST puts us in a position to significantly expand our portfolio in the field of managed services for the financial market. For us this is a real gain because, through the use of FinOffice[superscript]®[/superscript], in addition to improved transparency and cost control we can offer our customers further added value in the form of extended, qualified services,” says Markus Hengstenberg, Managing Director of oraïse GmbH.
Martin Reichmuth, Managing Director of BST AG, can also see only positives in the agreed partnership. “In oraïse, with immediate effect we have at our side a well-known partner with whom we can jointly drive forward the commercialisation of our FinOffice[superscript]®[/superscript] suite, especially in Germany, Britain and France. Both parties complement each other ideally and the new, expanded managed services of oraïse represent real added value for our existing customers.
Manuel Räber, Managing Director of oraïse Schweiz AG, adds in conclusion: “The partnership with BST underscores our internationalisation efforts and represents a further milestone in the expansion of our service portfolio. In BST, we have found the perfect partner to reinforce our activities within Europe. We are very excited about this partnership.”
About BST Banking Software Training AG:
BST Banking Software Training AG was founded in 1989 and focused on advising banks in the area of market data. To this day, managed services are one of the cornerstones of BST, complemented by consulting and the FinOffice[superscript]®[/superscript] software suite, which was developed in-house. BST has offices in Zurich, New York and London and focuses on strategic distribution partnerships, both in Europe and worldwide, in order to provide optimal support for BST products and services. For more information, please visit: www.bst-ag.ch