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liaison with the client we defined the business requirements for the
fund processing system
We delivered a system capable of real time routing orders and confirmations
between distributors (the bank's clients) and transfer agents over
the Internet or through host-to-host and SWIFT communication over a private
network
The system is operational since November 2000. Since then, based on the
Euroclear customers and internal operations requirements, Xpectis continues
to enhance the platform. 24/7 second level support is also provided to Euroclear
Technology operations staff.
- Order execution and settlement, including credit checking
- Position management
- Cash Settlement execution
- Communication to Transfer Agents
- Corporate event execution and reporting
- Extensive real time reporting on orders and positions
The system was designed using the following technologies:
- Windows 2000 (operating system)
- SQL Server 2000 (database management system)
- C++ and Visual Basic to develop the core modules
- ASP to develop the Web interface
- Microsoft Visual Studio as Integrated Development Environment
- It runs on HP/Compaq servers in cluster mode with EMC storage
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