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Enhancement of Institutional Trade Execution Platform with Advanced Analytics and Integration Capabilities
  1. case
  2. Enhancement of Institutional Trade Execution Platform with Advanced Analytics and Integration Capabilities

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Enhancement of Institutional Trade Execution Platform with Advanced Analytics and Integration Capabilities

effectivesoft.com
Financial services
Information technology

Challenges in Trade Execution Efficiency and System Scalability

The client required improved control over trading processes, fragmented liquidity management, lack of scalable architecture, and insufficient integration capabilities with prime brokers and compliance systems. Existing tools failed to provide real-time performance evaluation, low-latency market data aggregation, and automated compliance reporting for institutional trading operations.

About the Client

A leading provider of market access and trade execution services for institutional clients

Objectives for Trade Platform Modernization

  • Optimize system architecture for horizontal scalability
  • Implement real-time trader performance evaluation tools
  • Develop smart order execution algorithms across asset classes
  • Establish seamless integration with prime brokers and compliance systems
  • Enable customizable trader interfaces and aggregated liquidity access

Core Trading Platform Functionalities

  • Real-time trader performance analytics dashboard
  • Smart order routing with algorithmic execution
  • Customizable trader workspaces with screen specification adaptation
  • Automated OATS reporting and compliance tools
  • Unified liquidity gateway for public/dark pools
  • FIX protocol-based EMS/OMS integration
  • Daily transaction reporting for back offices

Technology Stack Requirements

JavaScript/DHTML for frontend
Java EE (JTA/JMS/JDBC/JMX)
Oracle 9i database
Tomcat Application Server
XML/SOAP for data exchange
Struts framework
FIX protocol implementation

Critical System Integrations

  • Prime broker APIs for start-of-day data
  • EMS/OMS systems via FIX protocol
  • Third-party market data providers
  • Internal back-office compliance systems
  • Order Audit Trail System (OATS)

Operational Requirements

  • Sub-millisecond latency for order execution
  • 99.99% system uptime SLA
  • Role-based access control (RBAC)
  • Audit trail compliance with SEC regulations
  • Horizontal scaling across multiple data centers

Expected Business Impact of Platform Enhancement

The upgraded system will enable 40% faster trade execution through smart routing algorithms, reduce compliance reporting errors by 75% via automation, and support 10x higher transaction volume through optimized architecture. Institutional clients will gain unified access to fragmented liquidity pools while maintaining regulatory compliance through integrated audit trail systems.

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