Banking &
    Securities
    Home
Products
Solutions
Clients
Partners
 Resource
    Centre
News &
    Events
 

Resource Centre /Whitepaper - Trace Financial Solutions Set for The Euroclear Single Platform

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Over the next few years Euroclear Group Companies are implementing the Euroclear Business Model (EBM). Initially the main impact is on clients of the Central Securities Depositories (CSDs) in Belgium, Netherlands and France with the ESES (Euroclear Settlement for Euronext-zone Securities) implementation and it culminates in the use of the Euroclear Single Platform (ESP) across all Euroclear Group companies in 2008/2009.

Trace Financial has been a leading supplier of UK CSD (Crest) based technology to some of the largest financial institutions since initial Crest connection testing right through to the present time. We will continue to support our clients through the transition to the ESP. We will also provide comprehensive business messaging solutions for any other institution facing the issues of connectivity and interoperability with the ESP.

At Trace we specialise in mission-critical financial messaging solutions for institutions world-wide working with SWIFT, FIX, Crest, Omgeo, XML, FpML, TRAX, as well as internal back-office and other proprietary standards. We have been doing this for twenty years; we have been SWIFTReady GOLD accredited for seven consecutive years and we have teams of implementation staff delivering complete business solutions and 24*7 support.

The Trace ESP Connection Toolkit consists of the following:

> ESP Message Transformer - available today as our Transformer product and includes libraries for ALL major financial message groups. These libraries are updated as new standards are released. XML and non-XML messaging is handled with ease alongside validation, mapping and enrichment. Uniquely, Transformer can be used by a business analyst to solve all financial messaging issues. Deployment can be alongside existing middleware or Trace can supply this (see below). Transformer is NOT a new piece of middleware but is deployed within the client's existing infrastructure, be that SOA, Web Service, ESB, Java, .NET or EAI. Testing mode ensures your messages comply with published standards. Transformation mode ensures data is correctly formatted for target systems. This means messages originating from in-house systems can be translated, transformed and enriched and then validated before being sent to the ESP. Similarly messages from the ESP can be validated, translated and transformed into any in-house format.
> ESP Message Monitor - provides a browser-based, business transactional view of the message flow together with full audit trail and message history.
> ESP Interface Manager - for those clients who need a complete high-performance, high-reliability solution, it utilises the above products plus the routing, connectivity and control of interfaces available from our SWIFTReady GOLD accredited Cloverleaf®finance. This adds functionality for management and connectivity to network providers, implementation of the Common Communication Interface (CCI), and interface to clients' internal systems.

The Trace ESP Connection Toolkit provides the business with a transactional view of message flow; the business analyst with the ability to validate and test both messages and transformations; the operations staff with resilient interfaces and the tools to monitor the status of connections. The same technology can be used to solve other messaging requirements, standards and initiatives such as MiFID, TRAX (15022/20022), OMGEO Direct & CTM, SWIFTNet, SWIFT FIN, XML, FIX, FIXML, FpML as well as internal and proprietary formats. Visit our web site (www.tracegroup.com/financial), or contact us (Nick Tonge +44 (0)207 8251163) to find out more.


 
 


property software, payroll services, financial message translation software,
wholesale insurance and reinsurance broking Software
, specialist recruitment,
About Trace Group Ltd,
site map

 

Request information about Trace's Euroclear Single Platform Solution Set>>

New white paper - implementing the Euroclear Business Model>>

 

 

 

 

 

 

 

 

 

 

 

 

 

Request information about Trace's Euroclear Single Platform Solution Set>>

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Request information about Trace's Euroclear Single Platform Solution Set>>

   

 

Trace Financial Limited, 224-232 St John Street, London EC1V 4QR
Tel: 020 7825 1000
Email: FinancialSalesTeam@tracegroup.com