Artix Data Services Solutions
With recent market events, financial institutions are under pressure to do more with fewer resources. Progress Software provides software tools and pre-built solutions to increase your financial messaging productivity and reduce operational risks in your business.
OTC Derivatives Straight-Through Processing [STP]
For the clearing and settlement automation of complex derivatives across exchanges, utilities and partners, thereby eliminating the risks and delays of faxing orders and confirmations, firms requires tools for integrating middle and back office systems with support for FpML, DTCC Deriv/SERV, Markit Wire, and SWIFTNet FpML standards.
For banks, infrastructure providers and corporates who need to update legacy financial payment messaging systems, supporting the new SEPA initiatives along with other standards such as SWIFT and ISO 20022/UNIFI, Progress’ Payments Modernization solution provides tools to shorten implementation time and improve the quality of data sent between systems.
Custody and Settlement Modernization for Euroclear
For European Union financial institutions who need to comply with Single Platform directives, Progress facilitates the migration to the Euroclear Common Communication Interface (CCI).
