SnapFlux for Finnova

Optimise your Market Data Integration Process:
easy, quick and failsafe!

SnapFlux for Finnova enables financial enterprises to integrate Thomson Reuters and Bloomberg market data on an easy, regular and automated basis into the FINNOVA Banking Software. SnapFlux for Finnova eliminates manual procedures and increases operational safety significantly.

  • Redundancy and fail over scenario configurations available
  • Remote monitoring and operations options
  • Easy configuration of data delivery via client accessible web frontend

Learn all the details in the Factsheet PDF:

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SnapFlux for Finnova – Detailed Solution Overview

Control

  • Software as a Service: SnapFlux for Finnova provides the data directly to the adapter, no market data infrastructure needed on the customer side
  • Data can be customised to individual needs with formulas
  • Data deliveries can be configured fine granular and precise
  • Expected data deliveries are monitored by the adapter

Security

  • REST service with inverse direction of communication – no requests are sent from the customer network
  • Communication via encrypted (VPN, SSL via Internet) connections
  • Adapter can be installed in DMZ
  • Different roles and rights permissions for the configuration
  • Derived data configurable by the business user
  • Developed in cooperation with Finnova

Installation

  • Rapid Installation – can be typically performed by the client
  • Standard components are used
  • Easy configuration of data delivery via client accessible web frontend
  • Multi-Entity setup for business service provider feasible
  • Open for integration in customer‘s monitoring or business process systems
Whether you recieve your market data as a real-time stream, via REST/ftp web services or via Webpage Scraping, SnapFlux for Finnova integrates the data the way you need, also allowing to mix different vendors and types of connectivity. The SnapFlux for Finnova 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 for Finnova 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).

Overview:

  • Quotes (bid/ask pairs) for foreign exchange spot rates (crossed against the USD base currency)
  • Deposit rates in same currencies for a couple of tenors
  • Base precious metal spot rates (gold, silver, platinum and palladium)
  • FX volatilities
  • Swap-and Zero-Rates
  • Assets (Equities , Warrants and Bonds in percent quotation)
  • Derived data
Standardised data is provided by the SnapFlux© infrastructure. Changes or derivations of the original data are possible, even before delivery. 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 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.

Integration – Finnova Banking Software

The Integration into the Finnova Banking Software is executed through the provision of text files that follow the prescribed format. The data is delivered via a VPN tunnel to the dedicated Intelligent Client Site adapter. The adapter creates the files and stores them in a configurable directory path, to be imported by the Finnova Banking Software. The delivery can be configured in a web frontend or via a provided REST-interface. Compliance usage reports accepted by Thomson Reuters and Bloomberg (EMRS) can also be created via the frontend.

Find more information about the offered market data on the pages of Thomson Reuters and Bloomberg.

PRODUCTS