Itiviti, a technology provider for the capital markets industry, has just announced that Deutsche Börse has sealed a long-term partnership which will see the exchange deploy the company’s ‘Tbricks by Itiviti’ platform.
Tbricks by Itiviti is a modern system designed for constant change, combining a high-performance core with flexible, app-based business logic.
Deutsche Börse will use Tbricks by Itiviti for Market Surveillance on Eurex providing real-time derivatives pricing and alerting together with submission of settlement prices.
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Consisting of off-the-shelf components, together with bespoke applications provided by Itiviti’s Professional Services, the solution leverages Tbricks’ high performance scalable architecture to cover all instruments listed on Eurex (700 underlyings) including equity, index and FX options.
Manfred Matusza, Deutsche Börse Group, said: “We have chosen the technology available from Itiviti as well as their ability to customize to our specific requirements in a very short timeframe. We look forward to continuing to work closely with Itiviti and strengthening our partnership in the future.”
Tbricks by Itiviti
Itiviti develops, markets, and supports industry standard technology products and solutions including Tbricks and Catalys, an integrated platform for operations, infrastructure and trading, which was chosen by Chilean brokerage Larrain Vial back in September to support its electronic execution needs, as reported by Finance Magnates.
Tbricks by Itiviti is designed for today’s trading reality and is built to be customised, scaled, co-located and super-fast. Its app-based architecture combines the tailored functionality of an in-house built system with the convenience of a third party solution.
Lee Griggs, President EMEA, Itiviti, added: “We are delighted a global industry leader of the stature of Deutsche Börse has chosen Tbricks by Itiviti following a comprehensive RFP process. The selection of Itiviti as a core partner for Deutsche Börse is a further testament to both the quality of the technology and services we are able to provide.”