Deutsche Börse’s implementation of the Tbricks derivatives pricing and alerting platform offered by Itiviti, a Stockholm-based capital markets technology provider, harnesses the platform’s architecture and performance strengths, said Rickard Davidsson, vice president of sales, EMEA, at Itiviti.
“TBricks uses out-of-the-box functionality for its overall set-up — for pricing, volatility management, alerting, and standard monitoring functionality — as we have deployed with most of our clients,” said Davidsson. “Deutsche Börse is using its ability to create very bespoke, client-specific functionality. They are leveraging that with our app framework.”
Cost-efficiency is a highlight of TBricks’ performance as a platform and its real-time pricing and monitoring of numerous underlying securities for derivatives, according to Davidsson.
Deutsche Börse has completed implementation and is now using the TBricks platform, after signing a long-term agreement with Itiviti, for market surveillance on its Eurex derivatives exchange.