Connectivity
The use of disparate systems designed for specific functions and asset classes can cause difficulties when integrating internal and external information and workflows. Multiple, proprietary links can quickly complicate information exchange, increase the cost of interface development and maintenance, and place a continuous strain on valuable internal IT resources.
To help overcome these challenges, SunGard provides SierraLink, a multi-source connectivity solution that offers a single framework for all system interfacing between systems. SierraLink provides transparent, real-time connectivity to multiple trading partners, market data feeds, and in-house bank systems to help enhance trading and operational efficiency, speed and business continuity.
SierraLink helps banks and brokers to improve accuracy and reduce operational risk by bridging the gaps between internal systems that manage transactions, risk and back-office processes throughout the trade lifecycle. It also helps to enhance communication with multiple outside entities, including third party systems for rates, liquidity platforms, and exchanges. Leveraging ready to use, plug-and-play interfaces, SierraLink normalizes data formats of each system, and produces standardized messages for other systems to consume for their unique purposes.
SierraLink provides:
- High performance, low-latency architecture
- Access to component services to support high volume conditions
- Sophisticated monitoring capabilities to check status and deal volumes of multiple interfaces
- Full scalability to accommodate changing business needs and faster time to market
- Support for pre-trade order routing workflows, and post-trade execution from middle- to back-office
- Integration with fixed income and core banking platforms
- Standard SWIFT messaging for FX, securities, payments and cash
- Support for other key standards including FIX and IBM MQ
- Ready to use connectivity for market data
Target institutions:SierraLink Software as a Service (SaaS) Solutions
SierraLink provides off-the-shelf connectivity to various FX electronic trading venues for the receipt of post trade notifications and allows for the subsequent distribution of this data through a single point of connectivity and via a fully normalized message format.
The FX execution venue sources offered span across electronic FX inter-bank dealing platforms and FX customer-bank (multi-bank and single-bank) trading platforms. This solution allows market participants to integrate with multiple trading venues with minimal integration complexity, while allowing for seamless STP.
Features
- Supports a multitude of FX feeds, examples include Reuters, EBS, Currenex, Hotspot FX and FXAll
- On demand usage, low upfront costs and subscription based pricing
- Flexibility in data delivery, through choice of output data feed delivery from TCP/IP to MQ or via file uploads
- Choice of normalized message formats including CSV, XML and FIX
- Automated trade processing services for allocations, risk transfers and back-to-backs
- Comprehensive rules based mappings, enrichment and filtering
- Centralized exception management framework including on-demand message replays
- Secure, scalable and reliable delivery over the internet
| To learn more about SierraLink SaaS Solutions |
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Interfaces Powered by SierraLink
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