Onboarding, Connectivity
& Operations

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This service helps market participants meet greater demands for operational resilience across pre- and post-trade operations. We enable clients to monitor and manage the health of their post-trade networks, and avoid delays in onboarding new clients and funds.
Our suite of services enhances the user experience across pre- and post-trade operations, covering connectivity, technical onboarding, system monitoring, exception management, and reporting.

 

The financial industry is facing increasing pressure to eliminate trade processing errors and downtime. This is due to changing client expectations as well as new regulations and industry initiatives like the move to T+1 settlement, the Central Securities Depositories Regulation (CSDR), the FIA DMIST “30-30-30” standard, the FX Global Code, and the Digital Operational Resilience Act (DORA), as well as the Dora-type equivalents worldwide.

 

These regulations and initiatives are pushing for improvements in operational processes, technical infrastructure, and timely confirmations, leading to a “zero tolerance” environment for trade breaks and system downtime.

Our service helps clients comply with the above regulations and satisfy industry oversight through our enhanced Onboarding, Connectivity & Operations solutions.

How it works

Automated Service Connectivity

OSTTRA provides configurable connectivity and workflow options, as well as automated conformance testing to speed up production readiness time.

Access to connectivity development/test harnesses:

  • Configurable connectivity options
  • Selection of required workflow
  • Downstream service routing
  • Automated conformance testing

Self-Service Onboarding

Our self-service capabilities facilitate onboarding and maintenance of organisations, users and funds.

Delivery of self-service technical onboarding capabilities:

  • Org/fund/user management
  • Password management
  • Access to static data via API
  • All actions audited

Commercial Service Monitoring

Gain visibility into a range of platform health metrics which impact match statuses, trades processed and associated market participants.

Visibility into a range of platform health metrics including:

  • Physical/logical connectivity
  • System outages
  • Platform performance
  • Failed/pending messages

Timely Exception Management

UI or API-based reporting to subscribing parties enables firms to track, manage and resolve exceptions quickly and efficiently.

Structured management and resolution of exceptions:

  • Automated incident management
  • Inter and intra firm collaboration>
  • Exception remediation (replay)
  • Bi-directional incident tracking

Self-Service Reporting

A self-service reporting suite empowers customers to create customised reports on operational metrics in their preferred formats and frequency.

Provision of a self-service reporting suite, supporting:

  • Operational metrics reports
  • Trade level metrics reports
  • Market insight reports (peering)
  • Consolidated MIS reports

Onboarding, Connectivity & Operations factsheet 

Benefits of our Onboarding, Connectivity & Operations service

Unrivalled network of market participants, comprising thousands of participants and end-points, and hundreds of execution venues.

Flexible access to post-trade services, including Single-Sign-On (SSO) and operational dashboards that are driven by real-time data and accessed via APIs.

Additional autonomy with respect to the initial integration and technical onboarding of post-trade systems and underlying clients through self-service tools.

Comprehensive reporting that empowers clients to create customised reports in their preferred formats and frequency.

 

OSTTRA Onboarding, Connectivity & Operations

Contact our team of experts

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