Success Stories - Euroclear : Client profile  .  Client business Issues  .  Our delivery  .  The Client Benefits

In 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