The first PICOS customer changed contribution in their production environment from MarketLink IP to the new Refiniv Contribution Channel, both products of Refinitiv (an LSEG business) after an extensive test and transition phase.
In time for the upcoming obsolescence of MLIP, announced by Refinitiv for Q3/2021, PICOS, the multi contribution platform from oraïse, enables the efficient publication of market data to the new Refinitiv interface, with a newly developed software part.
PICOS is a platform-independent and optimising multi-vendor market data contribution server, which allows market data generated in financial institutions to be accurately communicated in parallel to vendors such as Refinitiv, Bloomberg, SIX Financial Information, Infront, and more.
Today we are very happy to announce the launch of our new website:
www.snapflux.com. The website to an important product of oraïse.
If you want to quickly and easily integrate your market data into your systems then you will find the right solution here:
With SnapFlux from oraïse, individual and high-maintenance stand-alone solutions can be transformed into a reliable service! The focus on needs-based tailoring avoids high costs for the acquisition of market data from different vendors.
To find out how you can use SnapFlux for your business and how the product is developing, visit www.snapflux.com.
The first version of the website is in German, the English version will follow soon.
We are looking forward to feedback and comments on the solution as well as on the website.
For complex 3rd party applications, different instances and stages often have to be maintained in the financial market.
In most cases, there is a two-digit number of development- and test systems.
Through the use of modern DevOps and container technologies, we are able to create test and integration instances dynamically
in hybrid environments “on-demand” without having to maintain the infrastructure 365x7x24.
Deployments to private and private/public clouds are possible within minutes.
This allows significant cost saving to be achieved through the use of (HW) resources, without restrictions in development and test processes.
To learn more contact us: firstname.lastname@example.org
Another example of the smooth takeover of a complete application management system was recently completed with the achievement of a milestone:
Due to personnel changes in August, our customer experienced a critical bottleneck in the application management of EUREX modules. We were not only able to offer our customer help in an emergency, but also to provide transition and integration into the existing service.
In parallel, new releases were accompanied in the simulation (Eurex T7 Release 9.0, Eurex C7 7.0, and Eurex F7 3.4). In the last few weeks, all components were transferred to the service and the new releases were accompanied in their productive implementation.
We are particularly pleased to have received such positive feedback from the customer in this week’s service call and to have once again been able to demonstrate our IT and service competence in application management. Whenever it is time-critical and important.
If you need support in your application management, please let us know. Send a message to email@example.com
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.