Eurex: new standard in risk management
18 February 2010
Leading European clearing house Eurex Clearing has set another milestone in risk management by providing its members with real-time risk data. The service is offered through the new industry standard AMQP (“Advanced Message Queuing Protocol”) transport via Eurex’s Enhanced Risk Solution interface.
Eurex launched its new software release, Eurex Release 12.0, on November 16 2009. The release introduced innovative clearing and trading features and supports important strategic projects, such as the Eurex/ISE Link and the Eurex/KRX Link.1 Users will benefit from optimized usability such as an extended Multilateral Trade Registration facility and an improved OTC Volatility The Strategy Trade facility for equity options now features an integrated cash equity leg.
With this release, Eurex Clearing has set another milestone in risk management by providing its members with real-time risk data. This service is offered through the new industry standard AMQP (“Advanced Message Queuing Protocol”) transport via Eurex’s Enhanced Risk Solution interface.
The introduction of AMQP leads to synergies by allowing the programming of one accepted standard in the banking industry, rather than by permitting a variety of proprietary interfaces.
The new standard reduces complexity, improves safeguards, provides significant cost reductions and increases speed.
© Eurex
