Large financial institutions must meet increasingly strict regulatory and compliance standards for their market rates sourcing process. In order to satisfy these requirements and to improve the end-to-end visibility on the sourcing of rates, institutional banks are requiring an architectural solution for the sourcing, loading, cleansing and distribution of consolidated market data rates; which are provided by external vendors such as Reuters and Bloomberg.
GLiNTECH’s Market Data Accelerator Framework
GLiNTECH’s Market Data solution can help your team:
- Improve real-time, end-to-end visibility on the rates sourcing process (reduced from 5 hours to 1 hour), allowing for more time to validate the quality of the data
- Enhance data quality through the use of automated cleansing rules which identifies impacts of an exception on downstream systems before the rates are distributed
- Empower the end-users by providing them with the ability to efficiently create subscriptions to different data views
- Improve data integrity for risk calculations through the use of a business rules engine
- Successfully meet regulatory and compliance standards set by Sarbanes-Oxley, which requires banks to provide an end-to-end audit trail of their rates sourcing process
Case Study
GLiNTECH Implements BusinessEvents at Large Institutional Bank
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