EasyScreen today announced the release of EasyRouter Enterprise, its “virtual exchange” solution, which allows traders to trade a range of financial instruments (equities, derivatives and bonds) on multiple markets on the same screen, allowing increased trading through-put, centralised pre-trade risk management and reduced integration costs.
EasyRouter Enterprise is an off-the-shelf integration solution that uses Financial Information Exchange (FIX) based protocol to allow traders to connect to and trade on multiple exchanges across the world in real-time. It enables institutions to integrate their existing front-end systems with the exchanges, as well as legacy in-house back office systems, and display all the information a trader needs on a single screen regardless of the type of instrument or underlying exchange.
EasyRouter Enterprise acts as a resilient central hub, a “virtual exchange”, invisibly organising the complexity of its connected exchanges, routing orders and transferring data to the backend systems. It allows connection to multiple clearers, a client’s billing and CRM systems, and offers a leading- edge pre-trade risk management system, EasyShield.
EasyShield allows risk supervisors, at multiple levels, to apply limit and margin requirements to individual traders based on a variety of cash and position levels. EasyShield also alerts administrators to traders who are approaching or exceeding their limits across an aggregated range of permitted products.
A unique centralised web-based administration tool offers central control over the entire infrastructure as well as both performance monitoring and detailed problem analysis and recovery. As a result EasyRouter Enterprise can reduce the overall IT administration burden and, importantly, there is no ‘Black Hole’ created by escalating unplanned development costs.
John Unwin, Technical Director, at EasyScreen commented: “We have developed EasyRouter Enterprise from the ground up and to a disciplined layered criteria. This layered structure has resulted in clearly defined interfaces, enabling maximum flexibility of integration into client legacy systems at distinct levels, no matter what the legacy architecture.”