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

LCH Implements Three Solutions Built on Genesis’ Microservices Framework

Subscribe to our newsletter

genesis, a provider of trading technology products based on microservices, is gaining market traction with the implementation of three solutions at LCH following a recent deal with Linear Investments to develop a cash and margin management system. LCH has worked with genesis to design, build and implement the solutions, which will streamline and automate clearing workflows and, in turn, support business growth.

Following a competitive tender, LCH selected genesis to build a solution to automate the FX option expiry process and support increased data volumes in its ForexClear service. The selection was made on the basis of genesis’ domain knowledge and microservices technology framework that enables fast and agile software development. The solution is now integrated within LCH’s production environment.

Following the ForexClear project, genesis worked with LCH to build a suite of complementary solutions including member and client web portals for SwapClear, and a CDS option electronic exercise platform for CDSClear, similarly helping to support business growth.

Christophe Noblet, chief operating officer of CDSClear at LCH, says the company is experience growth across asset classes and serving an increasing number of market participants looking to clear their activities. genesis, he adds, has supported LCH in developing a tool to automate options expiry, giving members and clients greater operational efficiency.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Leveraging cloud as part of your colocation or proximity hosting strategy

As firms assess which elements of the trading workflow can be profitably migrated to cloud environments, ensuring compatibility with colocation and proximity hosting facilities becomes paramount. Practitioners need to take into account data access and security, messaging latency and regulatory considerations around operational resilience and physical location of client data. This webinar will discuss best...

BLOG

FCA Fines Citigroup Global Markets £12.5 Million for Market Abuse Failings

The UK’s Financial Conduct Authority (FCA) has issued Citigroup Global Markets with a fine of more than £12 million for failing to properly implement the EU’s Market Abuse Regulation (MAR) trade surveillance requirements. The failure meant that Citigroup Global Markets could not effectively monitor its trading activities for certain types of insider dealing and market...

EVENT

TradingTech Summit Virtual (Redirected)

TradingTech Summit (TTS) Virtual will look at how trading technology operations can capitalise on recent disruption and leverage technology to find efficiencies in the new normal environment. The crisis has highlighted that the future is digital and cloud based, and the ability to innovate faster and at scale has become critical. As we move into recovery and ‘business as usual’, what changes and technology innovations should the industry adopt to simplify operations and to support speed, agility and flexibility in trading operations.

GUIDE

Trading Regulations Handbook 2022

Welcome to the third edition of A-Team Group’s Trading Regulations Handbook, a publication designed to help you gain a full understanding of regulations that have an impact on your trading operations, data and technology. The handbook provides details of each regulation and its requirements, as well as ‘at-a-glance’ summaries, regulatory timelines and compliance deadlines, and...