About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Deutsche Börse Plans Propris Reference Data Product Launch

Subscribe to our newsletter

Deutsche Börse is gearing up to launch a new reference data product from its recently formed Back Office Services division. The new Propris – Process Proven Information Services – range of data services will provide reference data for financial events and new issues in the German, Luxembourg and the Eurobond market.

On target for a Q1 launch in 2005, Propris marks the first packaging of reference data sourced from securities settlement house Clearstream, owned by Deutsche Börse. Deutsche Börse declines to comment on whether this is part of a wider reference data strategy that might contain a series of products to come.

Propris provides corporate events data covering ISIN-based instruments. The product suite is made up of six modules covering both new issues and financial events for three different data sets: Germany, Luxembourg, Eurobonds. (See Table 1, below, for a breakdown of the message rate per month by module).

Deutsche Börse’s total universe of instrument coverage is 90,000 ISIN-based securities in the German market, 19,000 in the Luxembourg market, and 75,000 in the Eurobond market.

Propris, which is patent protected, will be made available via vendors rather than directly to users. The major reference data vendors tested their interfaces to the data earlier in the year and there are plans for further testing possibly in January.

The exchange has not yet defined the pricing policy for the product suite.

Packaged Clearstream data

Markus Reutzel, a manager within Deutsche Börse’s Back Office Services division, says, “Data owned by Clearstream has been stored across different systems, and this marks the first time we have packaged the data into useable products. Our motivation is to support clients with clean sets of data to help reduce STP failures.”

He continues, “The product is named Process Proven as the data is sourced from Clearstream, where it has already undergone cleansing, approval and checks to ensure the quality.”

The Back Office Services unit was formed in June of this year and is part of Deutsche Börse’s Information Services division now headed by Dr. Holger Wohlenberg, who has replaced Christoph Lammersdorf.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Hearing from the Experts: AI Governance Best Practices

9 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes The rapid spread of artificial intelligence in the financial industry presents data teams with novel challenges. AI’s ability to harvest and utilize vast amounts of data has raised concerns about the privacy and security of sensitive proprietary data and the ethical...

BLOG

Data Surge Argues for Enterprise-Grade Lineage: Webinar Review

The ingestion of growing volumes of data into financial institutions’ systems is posing a pressing challenge as data managers seek to optimise their data lineage, according to the latest A-Team Group webinar. Being able track data as it enters and is distributed within organisations is essential for prising the most value from that information. However,...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...