Siena eTrader
Providing a superior service to your customers
Efficient access to financial markets is becoming essential as institutions face the growing demands of managing global liquidity on multiple execution venues. Only 'best of breed' technology can deliver speed to market, connectivity and improved workflows to compete in this fast-moving market. To prepare for the future, organisations will need to embrace an e-trading solution that provides an holistic approach to the market. Eurobase, with its Siena e-trading solution, has the expertise and the proven technology to satisfy your organisation's immediate and future requirements.
Siena eTrader
Siena eTrader is a browser-based, multi asset, single bank platform. It is fully enriched by an intuitive Dealer Intervention and cross asset trading capability.
Post-trade actions include allocations, extensions, early take-ups and close-outs, while filtered blotters enable post-trade review.
Siena eTrader can receive price feeds from either the Siena Rate Manager or the bank’s existing pricing engine or liquidity sources. By providing highly configurable and granular control to add and manage margins, Siena eTrader then delivers prices with a market-leading near-zero latency. Beyond margining, a bank can manage other key aspects including stream availability, trading hours, rate source, auto-trading ranges, stop loss limits and hit protection.
As volumes in e-trading continue to grow and margins continue to diminish, it becomes imperative that organisations deliver a cost-effective trade and develop their product offerings with the future in mind.
Growing e-Trading Volume
e-Trading has underpinned a tremendous growth in trading volume and the number of participants that now have access to the marketplace. Siena eTrader can be fully customised and branded giving each institution a unique user interface and ultimately the service and experience it is looking to provide for its customers.
24/7 trading and trade automation make it possible to handle trading throughputs that were unheard of a few years ago. In order to maximise trading capability it becomes imperative to deliver a quality customer service with real-time one and two click trade execution. Siena eTrader delivers ESP and RFSQ pricing and trading ability with optimum price execution. All executed trades update global positions, limits and blotters in real time.
Protecting Margins
EOf course, increasing trade volumes will increase a bank's revenue opportunity, but this means little unless the bank can also deliver each trade cost-effectively. Manual trade entry is tedious, slow and error-prone and can drive the already tight margins into the ground. Siena eTrader enhances STP capability in order to minimise risk, cut costs and enhance efficiency.
Automation without Exclusion
The rapid evolution of rules based e-trading has been accompanied by the undesirable side-effect that the rules can be universal and inflexible. Siena eTrader is highly configurable to maximise auto-trading while enabling highly efficient dealer intervention to handle exceptions, thus ensuring customers can be provided with the highest level of quality and service at all times.
The best defence is a good offence
The rapid evolution of rules based e-trading has been accompanied by the undesirable side-effect that the rules are universal and inflexible. Siena eTrader enables highly efficient dealer intervention to ensure customers can be serviced with the highest level of quality and service.
Siena eTrader is uniquely positioned to roll out new products with minimal development and very short times to market. This enables our customers to trade new products ahead of competitors, ensuring the early adopter advantage and maximising competitive advantage. Siena eTrader is your true partner for your expanding e-trading platform, today and for the long term future.
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Eurobase
Your long term partner, not a short term software provider.
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