Can you assess your real risk in real time?
Or are you waiting to find out your actual trade position, leaving yourself exposed to credit and operational risks?
Mitigating operational risk is one of the most critical concerns of trading organizations. Today’s reconciliation model is labor and resource intensive – resulting in a process that takes too long. In the more benign scenario, batch processing is done overnight, leaving you without crucial information until the next business day. In the more catastrophic case, an inability to scale infrastructure to meet growing business needs can result in failure to meet regulatory dictates, or even in a system crash.
GigaSpaces can help you reduce your risk exposure, meet regulatory requirements, and reduce operational costs.
GigaSpaces eXtreme Application Platform (XAP) is a virtual application platform that enables you to develop, deploy, and manage your application, data, and messaging services with a single product.
XAP IS THE ONLY SINGLE-PRODUCT SOLUTION THAT PROVIDES TRUE END-TO-END SCALABILITY, DELIVERING:
- Dynamic provisioning to meet fluctuating loads.
- High performance for latency-sensitive environments.
- Continuous uptime/high availability through automatic failover and self-healing.
- Cost efficiencies through maximum resource utilization, standard development and deployment environments, and advanced management tools.
MEETING PRIME TRADE RECONCILIATION CHALLENGES