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 with market data sourced from Thomson Reuters, Bloomberg and the European Central Bank a customised, integrated solution for banking system.
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Whether you recieve your market data as a real-time stream, via REST/SOAP web services or from a website, SnapFlux integrates the data the way you need, also allowing to mix different vendors and types of connectivity.
The SnapFlux data universe is without limits – market data of the various vendors are standardised to the essentials: prices, quotes, market and time stamp. Typical use cases include FX spots and yield curves, swap rates and precious metals prices. Also part of the SnapFlux data universe are prices of shares, warrants and bonds. Moreover, indices can be automatically resolved to their constituents and also individual values can be extracted from pages (TR).
oraïse is continiously expanding the data universe of SnapFlux, integrating additional packages from other data vendors.Technology adapters for Avaloq Core, Finnova and SAP are already available. The flexible design of SnapFlux offers our customers the ability to integrate, at any time, other proprietary systems and formats within customer projects, for both data sources and applications, on a short-term basis.
The SnapFlux infrastructure delivers standardised data. Corrections or derivations of the original data are possible, even before data are delivered. In addition to adjustments of market prices with constant factors (eg. ounce / kg), Spreads, interpolations and cross rate calculations, we can also implement complex formulas as well as enable the use of aliases for instrument names. The results can be checked and compared with the original data during the setup.
The frequency of data delivery, can be freely selected, with the shortest interval being 10 seconds. Different frequencies in different periods of a day are also configurable.
The central SnapFlux web frontend is used to manage the SnapFlux infrastructure. A comprehensive roles and rights system ensures the appropriate access levels are set; options and restrictions can be configured. Alternatively, the configuration can be carried out by ASP administrators, administrators of the customer or on request by oraïse staff. Individual data deliveries can also be configured and customised without administration rights. In addition, the configuration can also be done programmatically via a REST interface.
The Integration into banking systems can be implemented in two different ways; either the delivery of the data via a VPN tunnel to the dedicated Intelligent Client Site Adapter that communicates directly with the target system, or to a generic Intelligent Client Site Adapter storing files to be read from the target system. The delivery can be configured in a web frontend or via a REST-interface. Compliance usage reports accepted by Thomson Reuters and Bloomberg (EMRS) can also be created via the frontend. Currently SnapFlux offers the following technology adapters:
NORD/LB use their own SnapFlux instance in a dedicated hosted environment. SnapFlux acts as NORD/LB’s central market data hub for data from Thomson Reuters, Bloomberg and WM. The data is internally disseminated to participating departments via EAI middleware.
Swisscom (Schweiz) AG as Application Service Provider utilise SnapFlux to provide their numerous Avaloq and Finnova customers a standardised integration of Foreign Exchange and Money Market information into the hosted systems, while offering their customers a highly individualised functional setup. Swisscom customers use SnapFlux with data on financial markets from Thomson Reuters und SIX Financial Information.
Thomson Reuters, Bloomberg and ECB Market Data Integration for Banking Systems.
Analysis for the Markets of the Deutsche Börse AG.
Automated Market Data Administration.
Connectivity and Operations Solution for the Trading Markets.