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, email@example.com.
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 firstname.lastname@example.org 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 email@example.com
Monday/ Tuesday , 10-29-2019
Zurich Marriott Hotel, Neumühlequai 42 – Zurich
The annual event of the Swiss Information Providers User Group (SIPUG) will take place in Zurich on Tuesday, 29th of October 2019. oraïse will be there for you as an exhibitor as usual.
The event will focus on market data and related technologies, services and products of the front, back and middle office. In addition, regulations and their effects are focal topics.
You will find us at our booth M02 with central points of our product and service portfolio, among others:
Snapflux – Market Data Integration into Banking Systems
The integration of market data into risk management systems, for compliance analysis or other back office applications, is the current standard for modern banking processes. Snapflux provides a customised and integrated solution for banking systems sourced with market data from Refinitiv, Bloomberg, and the European Central bank.
Optimierte Marktdaten Administration – MDA Services
Our MDA Services are optimally adapted to suit the individual needs of financial institutions and enable rapid implementation of professional market data management. There are different service and operating models to choose from to ensure the operational safety and transparency for our customers.
Who should participate? Market data managers as well as purchasing and IT specialists from the financial sector in Switzerland and Liechtenstein are particularly addressed. In addition, the event is open to all persons with a connection to data, technologies, products and services of price information, master data, and news.
Zurich/Bremen 22/07/2019: The oraise Group is strengthening its presence in Germany and Switzerland and at the same time expanding its team of specialists.
The oraise Group, which specialises in operations and consulting in the fields of market data and stock exchange connectivity on the financial market, is expanding further to a total of 10 locations in Switzerland and Germany, with new locations in Basel, Geneva and Hammersbach (D).
At the same time, in Andi Biland, Giuseppe Vitale and Udo Werth, the Group has gained three veterans who collectively have over 60 years of experience in the area of market data for the Swiss market.
With the opening of the new sites, oraise proves that its success strategy is working. The Swiss company is laying the foundations for further growth and at the same time focusing entirely on market and customer proximity.
“Personal and direct contact are integral to our service. Our customers expect first-class service; this includes contacts on site. The location expansions, especially in Switzerland, are therefore an important step towards being even closer to the financial marketplaces and therefore also to our customers”Dietmar Grün, Head of Sales and Business Development
Oraise is part of Avaloq Community Conference 2019
SnapFlux provides a customised, integrated solution for banking systems with market data, sourced from Refinitiv (Thomson Reuters), Bloomberg, SIX Telekurs, vwd, ICE, ICAP, WM and the European Central Bank.
The solution is ideally designed to fit with customer needs and provides customised delivery of FX and Money Market related data to Avaloq Core, even in high frequency processes. Customers can choose from various service and operating models depending on number of instruments, the frequencies of data processing, system topology (i.e. redundancy spanning multiple sites, etc.) and number of deployed instances.
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 4.6).
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.
Human Engineering AG and the oraise Group agree on the takeover of the HEAG software product
Human Engineering AG (HEAG) was founded in Winterthur in 1987 and has since been successfully offering software solutions for financial market data on the Swiss market. These include PICOS, a platform-independent and optimising multi-vendor market data contribution server, which allows market data generated in financial institutions to be accurately communicated to vendors such as Bloomberg, SIX Financial Information, Thomson Reuters and more. The oraise Group, which operates in Germany and Switzerland, is expanding its existing software product portfolio by fully taking over HEAG’s software products as of 1 April 2018, and will continue product maintenance and future expansions as well as existing support obligations. Human Engineering AG is fully handing over the software product business area to the oraise Group, and in the future will focus on its solution and consulting business areas.
“PICOS is an ideal addition to our software product portfolio. The product is already well established on the Swiss market and will enable us to achieve further growth on our target markets, including the German market. Furthermore, in the future we will be able to offer PICOS as a managed service as part of our existing service portfolio in the context of market data platforms,” says Manuel Räber – Managing Director and Owner of the oraise Group.
Urs Brunner, Managing Partner of Human Engineering AG, adds:
“I am very happy to have found a partner in the oraise Group who, through decades of experience, has acquired the necessary expertise and corresponding self-image to guarantee the highest level of quality and professionalism, and with whom I know our products and above all our clients are in good hands. Oraise’s strategic orientation and the existing and complementary software and services portfolio provide an ideal foundation for giving our products long-term prospects and strategic growth.”
About Human Engineering AG:
Human Engineering AG is a Swiss-based global technology company. It specialises in integrated financial market data solutions and has developed specialised software components for platform- and vendor-independent publication of prices and quotations. Its clients include banks, stock exchanges, market data providers and financial service providers, mostly in Switzerland.
Further information can be found at www.heag.ch
About the oraise Group:
Oraise is an independent IT services company in the European financial industry, focused on providing financial information and stock market services. Oraise offers products, services and consulting for the integration and operation of market and transaction data. Its clients include banks, stock exchanges, market data providers and financial service providers, as well as the commercial and treasury departments of large industrial and insurance companies. For over 20 years, oraise has been successfully active in these business areas as an owner-managed company. Certified according to ISO 27001 since 2017, oraise undertakes strategic outsourcing of IT systems and processes on the highly regulated financial market.
Further information can be found at www.oraise.com