Financial Data Enterprise Platform

Transcription

1 BCC Group 2017 June 6th Rel n Financial Data Enterprise Platform 1 Financial Data Enterprise Platform ONE

2 What do we want to accomplish? 2 Financial Data Enterprise Platform ONE

3 Free Customers from Vendor Lock-Ins 3 Financial Data Enterprise Platform ONE

4 Vendor Lock-In 1: Terminals & Symbols 4 Financial Data Enterprise Platform ONE

5 Terminal Money Markets Terminal Bonds Terminal Equities Vendor Lock-In 1 Terminals and Symbols Terminal Wealth Management Terminal WEB Terminal Risk Management 5 Financial Data Enterprise Platform ONE

6 Vendor Lock-In 2: Proprietary API & Data Structures 6 Financial Data Enterprise Platform ONE

7 Terminal & Excel Add-In Backoffice API and Excel Risk Management API and Excel Vendor Lock-In 2 Proprietary API & Data Structures Trading API & Excel WEB API DB Storage API 7 Financial Data Enterprise Platform ONE

8 Vendor Lock-In 3: Proprietary Platforms & Entitlement Systems 8 Financial Data Enterprise Platform ONE

9 DACS & opendacs EIKON & Excel Add-In TREP & RFA Vendor Lock-In 3 Proprietary Platforms & Entitlement Systems Bloomberg Terminal & Excel Add-In EMRS Bloomberg Platform & BPipe API 9 Financial Data Enterprise Platform ONE

10 Vendor Lock-In 4: Contribution 10 Financial Data Enterprise Platform ONE

11 Contribution: Losing Ownership of Data Paying twice for your own data Bank (Contributor) A B C D E Vendor 1 Vendor 2 Vendor n Bank (Feed Customer) A B C D E 11 Financial Data Enterprise Platform see the FICONEX use case for dedicated solution. ONE

12 Problem Scenario 12 Financial Data Enterprise Platform ONE

13 Financial Data Vendors Vendor Connection and API Chaos due to Vendor Lock-Ins A Risk Mgmt. Applications and Excel B Trading Trading Applications C Back Office Database Applications 13 Financial Data Enterprise Platform ONE

14 Financial Data Vendors Vendor Connection and API Chaos Different Symbols, different Technology, different Data Formats, different Support Models A Risk Mgmt. Applications and Excel B Trading Trading Applications C Back Office Database Applications 14 Financial Data Enterprise Platform ONE

15 How do we solve this problem? 15 Financial Data Enterprise Platform ONE

16 ONE Solution 16 Financial Data Enterprise Platform ONE

17 Financial Data Vendors ONE Solution One Technology, one Data Format, one API, one Connection per Vendor, one Support Model A Risk Mgmt. Applications and Excel B Trading Trading Applications C Back Office Database Applications 18 Financial Data Enterprise Platform ONE

18 ONE Platform ONE API ONE Excel Add-In ONE Terminal Design 19 Financial Data Enterprise Platform ONE

19 ONE Platform Transform, Entitle, Distribute (in the Cloud) 21 Financial Data Enterprise Platform ONE

20 ONE Platform Source Transform Entitle Distribute Access Vendors and other Sources in all formats streaming, file based or DB Handlers For all streaming or non streaming data Last Value Cache Entitlement Combined built-in openmecs, opendacs, EMRS etc. Solace Either HW or Solace Virtual Message Routers (VMR) ONE API C/C++,.Net, Java, JavaScript on Windows and Linux 22 Financial Data Enterprise Platform ONE

21 Transform ONE Platform. Handlers for all streaming or non streaming data incl. LV Cache 23 Financial Data Enterprise Platform ONE

22 Transform Vendor Access Proprietary API / Format RFA, BPipe API, FIX, XML, JSON BSON, MQTT etc. Normalization Message Building Field and Symbol Mapping Field Injection Entitlement Tagging Publishing Message sending Connection Failover Mgmt. Monitoring Last Value Caching Cache Assembly Special Fields Evaluation Value Store Request Response Engine Persistence Cache Optimization 24 Financial Data Enterprise Platform ONE

23 Transform Vendors APIs Thomson Reuters RFA Bloomberg Bpipe ActivFinancial API Morningstar Broadcast FIX / FAST JSON / BSON Contracts in place Thomson Reuters Bloomberg Morningstar ActivFinancial FactSet DigitalVega SmartStream SIX (soon) VWD (soon) ICE 25 Financial Data Enterprise Platform ONE

24 Transform Normalization Conversion to Solace canonical format Serialization Shredding / Key-Value Pairing Message Building Entitlement Tagging Enrich Message with Entitlement Tag taken from the original Message or Symbol Field and Symbol Mapping Symbol Mapping Field reduction Field Injection Special Fields Assembly 26 Financial Data Enterprise Platform ONE

25 Transform Last Value Cache Variable Message Structure Support Dynamic Field Insertion In-Cache Field Assembly Special partial update handling High Speed Cache Update Sequence No. exact Failover Dynamic Cache Sizing Cache Request/Response Cache Content Delivery Cache Synchronization Cache Metrics Info Entitlement Information Store Cache Content Persistence and restore 27 Financial Data Enterprise Platform ONE

26 Transform High Speed Publisher Active & Dormant Support Automatic Reconnect / Retry Support Automatic Solace Failover Support Message Meta Data Injection Cache Reply Publishing Publish Metrics Production Mate Ping Publishing Sync Message Publishing Platform Monitoring Info Publishing 28 Financial Data Enterprise Platform ONE

27 Transform Vendor Specific Vendor API Integration Format Conversion Behavior Translation Vendor s Entitlement ONE Platform Specific Generic Functions Generic Monitoring Generic Failover Behavior One Code for all Handlers Docker Container in the Cloud Uses ONE API 29 Financial Data Enterprise Platform ONE

28 ONE Platform ONE Terminal Designer ONE Excel Add-In Custom Application ONE API ONE API ONE API ONE Platform ONE API ONE API ONE API ONE API Real-Time Streaming, Delayed, Snaphot Historical On demand, XML, JSON, File Reference Pull, JSON, XML, File APP, NEWS & Video Trade Confirm., News, Video, Voice, Financial Data Enterprise Platform ONE

29 Entitle ONE Platform. Combined Entitlement openmecs, opendacs, EMRS 33 Financial Data Enterprise Platform ONE

30 Entitle openmecs Multi vendor Entitlement Control System openmecs Vendors Users / User Groups Entitlement groups / Entitlement Keys Data Dictionaries Connection Parameters Reporting User Monitoring Usage Control openmecs Runs in Docker 34 Financial Data Enterprise Platform ONE

31 Entitle openmecs Multi vendor Entitlement Control System openmecs 35 Financial Data Enterprise Platform ONE

32 Entitle Thomson Reuters opendacs Entitlement opendacs Seemless Integration into ONE Platform Part of Feed Handler Supports multiple Agents for Resilience Supports multiple Agents for Scalability Supports Content based Entitlement Supports RIC based Entitlement Enforces Entitlement for Data through on-behalf Subscriptions Agents run in Docker 36 Financial Data Enterprise Platform ONE

33 Entitle Bloomberg EMRS Entitlement EMRS Seemless Integration into ONE Platform Part of Feed Handler Supports multiple Agents for Resilience Supports multiple Agents for Scalability Supports BPipe Token Auth Supports BPipe UUID & IP Auth Enforces Entitlement for Data through on-behalf Subscriptions Agents run in Docker 37 Financial Data Enterprise Platform ONE

34 Distribute ONE Platform. Solace HW or VMR 38 Financial Data Enterprise Platform ONE

35 Distribute WAN Optimization Acceleration of WAN distribution through realtime compression and intelligent routing Reliable Messaging Delivery of millions of messages per second to hundreds of thousands of subscribers, 0,05 ms latency, any Data Format, encrypted Guaranteed Messaging Guarantees that messages are delivered, once and only once, in sequence. Internet of Things High Availability High throughput, end-to-end % reliability messaging across the core, Active-Active or Active-Standby edge and fog layers of typical redundancy via VRRP IoT architectures Chassis based system with discrete data and control planes Web Messaging Solace can stream millions of real-time messages over the internet and wireless networks with much higher and more consistent performance than other solutions. 39 Financial Data Enterprise Platform ONE

36 Distribute Financial Industry Support Exchanges LSE TMX NYSE Tech 6 of 10 Tier one Banks Barclays Credit Agricole DZ BANK RBC Capital Markets Standard Chartered 40 Financial Data Enterprise Platform ONE

37 Distribute Transform Entitle Access Distribute 41 Financial Data Enterprise Platform ONE

38 Distribute into the Cloud 75% Americas 60% Europe 30% Asia ONE Global Data Network WAN optimization over ONE Platform Interconnections in the Cloud 20% Australia 42 Financial Data Enterprise Platform ONE

39 ONE Platform Use Cases ONE can you imagine? 44 Financial Data Enterprise Platform ONE

40 Use Case FICONEX: Community driven Contribution in the Cloud FICONEX Global Contribution Contribution Connectivity for all data formats, streaming realtime and static. Granular Entitlement for selective distribution of data portions to different counterparties. Control of Data ownership. Excel Add-In. Outsourced Cloud Hosting and Support Dedicated Cloud services with first second and third level support. Monitoring by dedicated team. World wide Cloud Locations. Added Value Services Data transformation, cleansing, calculation, Big Data Analytics, Collaboration (e.g. Chat, Excel value Sharing), anonymous indexing and statistics. Customer specific developments. FICONEX based on the ONE Platform Data exchange as a service for the whole industry with customer specific entitlement and selective distribution capabilities. Customer controlled. Tier 1 Banks proven technology. 45 Financial Data Enterprise Platform ONE

41 Financial Institutions Use Case FICONEX: Community driven Contribution in the Cloud A Big Data Analytic Microservices B A B Financial Institutions n To Vendors: Customer defined data portions n 46 Financial Data Enterprise Platform ONE

42 Use Case CALCNODE: Cloud Financial Calculation Global Calculation Invocation World wide connectivity for streaming real-time and static value transmission to calculation Micro Services. Granular Entitlement for selective distribution of results. Control of Data ownership. Excel Add-In. Outsourced Cloud Hosting and Support Dedicated Cloud services with first second and third level support. Monitoring by dedicated team. CALCNODE Calculation as a Service Customer specific Library deployment and calculation invocation using Micro Services. Real-Time update injection. Painstaking participant control. Message recording. CALCNODE based on the ONE Platform Calculated values exchange as a service for the whole industry with selective distribution capabilities. Customer controlled data ownership. Tier 1 Banks proven technology. 47 Financial Data Enterprise Platform ONE

43 Use Case CALCNODE: Cloud Financial Calculation =creatediscountfactorcurver( ) =getdiscountfactorr( ) =createfxsmiler ( ) =getsmileresponser ( ) 48 Financial Data Enterprise Platform ONE

44 Use Case Cell2Cell: Real-Time Collaboration for Microsoft Excel Globally available Platform World wide connectivity for streaming real-time and static value transmission from and to Excel and other Sources using the Cell2Cell Excel Add-In. Outsourced Cloud Hosting and Support Dedicated Cloud services with first second and third level support. Monitoring by dedicated team. Cell2Cell Real-Time Collaboration as a Service Granular Entitlement for selective distribution of results. Control of Data ownership. Excel Add-In. Painstaking participant control. Message Recording. Compliance features. Cell2Cell based on the ONE Platform Excel values exchange as a service for the whole industry with selective distribution capabilities. Customer controlled data ownership. Additional access to all values provided to platform from non Excel Participants (e.g. feeds). Tier 1 Banks proven technology. 49 Financial Data Enterprise Platform ONE

45 ONE Platform Source Transform Entitle Distribute Access Vendors and other Sources in all formats streaming, file based or DB Handlers For all streaming or non streaming data incl. LV Cache Entitlement Combined built-in openmecs, opendacs, EMRS etc. Solace Either HW or Solace Virtual Message Routers (VMR) ONE API C/C++,.Net, Java, JavaScript on Windows and Linux 50 Financial Data Enterprise Platform ONE

46 ONE API ONE Platform. C/C++,.Net, Java, JavaScript; on Windows, Linux and Mobile Devices 52 Financial Data Enterprise Platform ONE

47 ONE API FactSet Bloomberg Thomson Reuters ActivFinancial Contribution Morningstar ONE API ActivFinancial Exchanges Morningstar Bloomberg FactSet Contribution Thomson Reuters SmartStream 53 Financial Data Enterprise Platform ONE Source Handler

48 ONE API FactSet Bloomberg Thomson Reuters ActivFinancial Contribution Morningstar ONE API ActivFinancial Exchanges Morningstar Bloomberg FactSet Contribution Thomson Reuters SmartStream 54 Financial Data Enterprise Platform ONE Source Handler

49 ONE API FactSet Bloomberg Thomson Reuters ActivFinancial Contribution Morningstar Application (e.g. Calculation Services) Excel 56 Financial Data Enterprise Platform ONE

50 ONE API Simple ONE API Functions C/C++.Net /Java JavaScript Log-On Subscription Cache Request / Snapshot Request Historical Request Meta Data Request Publish Logoff 57 Financial Data Enterprise Platform ONE

51 ONE Excel Add-In All Data in Excel and Contribution to entitled Sources using the ONE API 60 Financial Data Enterprise Platform ONE

52 ONE Excel Add-In Macros UDFs External Libs 61 Financial Data Enterprise Platform ONE

53 ONE Excel Add-In 62 Financial Data Enterprise Platform ONE

54 ONE Excel Add-In =ONEGet( BB, ) =ONEGet( TREP, ) =ONEGet( MSBC, ) =ONEPublish( CALC, ) 66 Financial Data Enterprise Platform ONE

55 ONE Terminal Design Using ONE JavaScript API for HTML5, CSS, openfin 67 Financial Data Enterprise Platform ONE

56 Terminal Design (example) Source: Thomson Reuters Feed Id: TREP/IDN Symbol: ALVGn.F Field: TRDPRC_1 Update Type: Real-Time Entitlement: opendacs Source: Bloomberg Feed Id: BLPN Symbol: BMW GY Equity Field: BID Update Type: Delayed Entitlement: EMRS Source: Morningstar Feed Id: MSBC Symbol: USDEURComp.FX Field: 5 Update Type: Real-Time Entitlement: openmecs 68 Financial Data Enterprise Platform ONE

57 Terminal Design (example) Use of available components in the market: Library of (OOTB) Widgets Widget Builder API & Terminal Sharing Admin Center Managed Data Container Services Quotes, Charting (Spread, Yield), Watchlist, News, Time&Sales, OrderBook, Alerts, Gainers/Losers, Cross Rates, Index Constituents, Option Tool, Future Chains Distributed development Flexibility for building vendor agnostic Displays and Applications, Sharing of Terminals Designs or use as templates Fully-fledged Admin Centre defines the Business Rules across all subhierarchy from groups to users and provides the control of the data entitlement tools Cloud based open development container for web based financial information dissemination that integrates the needs of any financial ecosystem 69 Financial Data Enterprise Platform ONE

58 Terminal Design (example) Financial Widgets Design for Desktop and Mobile use Docker Services Managed Data Container Service Cloud access to all ONE Platform Data using ONE API Smart search to all entitled ONE Platform Symbols 70 Financial Data Enterprise Platform ONE

59 Terminal Design (example) 73 Financial Data Enterprise Platform ONE

60 Terminal Design (example) 74 Financial Data Enterprise Platform ONE

61 Terminal Design ONE API Support JavaScript HTML5/CSS Big market for components 77 Financial Data Enterprise Platform ONE

62 ONE - Financial Data Enterprise Platform International GmbH & Co. KG Taunusanlage 1, Frankfurt Germany Phone: +(49) Mail: info@bccgi.com Web: 82 Financial Data Enterprise Platform ONE 2017 BCC Group GERMANY

63 Mauricio I. González Evans is the CEO and Founder of BCC Group. Following a range of roles in Software Development, Dealing Room Support and Project Management starting in 1981, Mauricio founded BCC Group back in Additionally, for 20 years now he has been acting as Assistant Professor for the University of Applied Sciences of Darmstadt, Germany. Mauricio is an IT veteran with more than 30 years of experience in Software Development, Design and Architecture, Financial Data Platforms and Messaging Middleware. 83 Financial Data Enterprise Platform ONE

64 ONE Support / Dev-Ops ONE Support & DEV/OPS Concept 84 Financial Data Enterprise Platform ONE

65 ONE Global Support and Partner Network Hand in Hand with the financial Community Customer ONE Installation in Intelligent Sky Cloud or on-premises 1 st Level Support 2 nd Level Support Cloud Operations Monitoring & Optimization Project Management Consulting 3 rd Level Support SW Maintenance Development Research Vendor & Partner Network 85 Financial Data Enterprise Platform ONE

66 ONE Global DEV/OPS Team Customer ONE Installation in Intelligent Sky Cloud or on-premises 1 st Level Support 2 nd Level Support Cloud Operations Monitoring & Optimization Project Management Consulting 3 rd Level Support SW Maintenance Development Research Vendor & Partner Network 86 Financial Data Enterprise Platform ONE

67 Backup Slides Technical Drawing 98 Financial Data Enterprise Platform ONE

68 99 Financial Data Enterprise Platform ONE

69 Backup Slides Source Handler Failover 100 Financial Data Enterprise Platform ONE

70 Source Handler Failover Normal Operation ACTIVE MATE PING DORMANT MATE PING 101 Financial Data Enterprise Platform ONE

71 Source Handler Failover Alert Status DORMANT MATE PING 102 Financial Data Enterprise Platform ONE

72 Source Handler Failover FAIL OVER ACTIVE MATE PING 103 Financial Data Enterprise Platform ONE

73 Source Handler Failover Normal Operation DORMANT MATE PING ACTIVE MATE PING 104 Financial Data Enterprise Platform ONE