United Kingdom : Deutsche Borse acquires enterprise software firm Impendium Systems.
The integration of market data and technology services has enabled us to further enrich our global data sets as well as utilize existing capacity to tap into specialized markets and growth areas, said Hauke Stars, Chief Information Officer and Executive Board Member responsible for the Information Technology and Market Data + Services division of Deutsche BE[micro]rse. The acquisition of Impendium is an important step towards this goal as the firm s focus on high-performance solutions for global regulatory compliance is a strong strategic fit. As our customers continue to navigate complex regulatory landscapes around the world, we plan to expand our offerings in this area.
Elements, a private cloud platform operated by Impendium, allows customers to be compliant with multiple regulations throughout the world using a single solution. Unlike traditional approaches and vendors, Elements incorporates the technical elements of common global regulations onto the platform, making compliance easier and faster to achieve. Elements is a fully hosted and managed solution that can be customized to fit a client s particular regulatory reporting obligations without impacting existing trading infrastructure.
Deutsche BE[micro]rse is currently integrating the Elements platform into its existing data offerings and will introduce it to clients who require EMIR support. The platform will manage the complete lifecycle of EMIR trade reporting from consumption of trade data through to reporting to the trade repositories.
Apart from EMIR, Impendium s coverage will continuously be expanded to include additional key regulations in Europe and Asia-Pacific.
About Deutsche Borse Market Data + Services
Deutsche BE[micro]rse is one of the world s leading data and technology service providers for the securities industry with a product and service offering for issuers, investors, intermediaries and data vendors. The Group covers the entire value chain from trading, through clearing, to settlement and securities custody. Deutsche BE[micro]rse Market Data + Services encompasses the Group s extensive market data offering and external technology and connectivity services. The product and service range includes real-time and historical data from the Group's trading venues Eurex and Xetra as well as from cooperation partners.
2014 Al Bawaba (Albawaba.com) Provided by Syndigate.info , an Albawaba.com company
|Printer friendly Cite/link Email Feedback|
|Date:||Jan 14, 2014|
|Previous Article:||United Kingdom : Total Becomes The First Major To Enter Into Shale Gas Licences In The UK.|
|Next Article:||United Kingdom : JDA Software Launches PerformNOW! Services Suite.|