LONDON, Dec. 19, 2016 /PRNewswire/ -- Itiviti, a world-leading technology provider for the capital markets industry, today announced that Deutsche Börse has signed a long-term agreement to use its Tbricks by Itiviti platform. Tbricks by Itiviti is a modern system designed for constant change, combining a high-performance core with flexible, app-based business logic.
Deutsche Börse will use Tbricks by Itiviti for Market Surveillance on Eurex providing real-time derivatives pricing and alerting together with submission of settlement prices. Consisting of off-the-shelf components, together with bespoke applications provided by Itiviti's Professional Services, the solution leverages Tbricks high performance scalable architecture to cover all instruments listed on Eurex (700 underlyings) including Equity, Index and FX options.
"We have chosen the technology available from Itiviti as well as their ability to customize to our specific requirements in a very short timeframe" says Manfred Matusza, Deutsche Börse Group. "We look forward to continuing to work closely with Itiviti and strengthening our partnership in the future.
"We are delighted a global industry leader of the stature of Deutsche Börse has chosen Tbricks by Itiviti following a comprehensive RFP process" says Lee Griggs, President EMEA, Itiviti. "The selection of Itiviti as a core partner for Deutsche Börse is a further testament to both the quality of the technology and services we are able to provide.
Formed by the unification of Orc and CameronTec, Itiviti develops, markets, and supports industry standard technology products and solutions including Tbricks and Catalys. Tbricks by Itiviti is designed from the ground up for today's trading reality: built to be customized, scaled, co-located and blazingly fast. Its app-based architecture combines the tailored functionality of an in-house built system with the convenience of a third party solution.Catalys by Itiviti provides an integrated platform for operations, infrastructure and trading. It is the ultimate enabler: open-standard-based and centrally managed to truly harness unprecedented levels of performance, data interoperability, convergence and business insight.
About Deutsche Börse
Deutsche Börse Group is one of the largest exchange organizations worldwide. It organizes markets characterized by integrity, transparency and safety for investors who invest capital and for companies that raise capital – markets on which professional traders buy and sell equities, derivatives and other financial instruments according to clear rules and under strict supervision. Deutsche Börse Group, with its services and systems, ensures the functioning of these markets and a level playing field for all participants – worldwide.
Itiviti is a world-leading technology provider for the capital markets industry. Trading firms, banks, brokers and institutional clients rely on Itiviti technology, solutions and expertise for streamlining their daily operations, while gaining sustainable competitive edge in global markets.
With 13 offices and serving more than 400 customers worldwide, Itiviti was formed by uniting Orc Group, a leader in trading and electronic execution, and CameronTec Group, the global standard in financial messaging infrastructure and connectivity. From its foundation in 2016, Itiviti has a staff of 400 and an estimated annual revenue of SEK 700 million.
Itiviti is committed to continuous innovation to deliver trading infrastructure built for today's dynamic markets, offering highly adaptable platforms and solutions, enabling clients to stay ahead of competitive and regulatory challenges.
Itiviti is owned by Nordic Capital Fund VII.
For further information, please contact:
President EMEA, Itiviti
Tel: +44 20 794 209 58
Senior Marketing Manager EMEA, Itiviti
Tel: +44 20 794 209 56
VP Sales EMEA, Itiviti
Tel: +44 20 794 209 56
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
Press release in PDF format
Lee Griggs 2
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/itiviti-confirms-deutsche-borse-has-signed-long-term-agreement-to-use-tbricks-by-itiviti-300380889.html
SOURCE Itiviti Group AB