Siena Gateway

Siena Gateway

Proven connectivity application designed to exceed your expectations

Siena e-Trading Solutions

Efficient access to treasury markets is becoming essential as financial institutions face the growing demands of managing global liquidity on multiple execution venues. Only ‘best of breed’ technology can deliver speed to market, connectivity and improved work flows to compete in this fast moving market. To prepare for the future, organisations will need to embrace an e-Trading Solution that provides a holistic approach to the market. Eurobase and its Siena e-Trading Solution have the expertise and have the proven technology to satisfy your organisation’s immediate and future requirements.

Siena Gateway

When you operate in an environment that requires connectivity with multiple ECNs, portals, and customers you require a connectivity application that gives you the quick access you need. Siena Gateway is an out-of-the-box, high performance, connectivity application used to control and manage streaming rates.

Siena Gateway will enable you to quote Executable Streaming Prices (ESP), as well as Request for Quote (RFQ & RFSQ) to your customers via as many of the web portals and trading venues as you choose. Real-time Dealer Intervention (DI) allows your traders to deal with limit violations, extensions, and excesses providing your customers with a first class service.

All executed trades immediately impact and update positions and trade blotters in real time. High volume publishing and instantaneous global distribution will give your organisation the dynamic control needed to manage positions and liquidity more effectively, enhance customer product offerings plus the ability to compete in new markets.

Time to Market

Deliver the right price, at the right time. Every time.

The e-FX space has experienced low volatility in recent years and as such customers are more often than not, accepting the fastest market price that reaches them. Under these competitive conditions it becomes imperative for successful market makers to ensure that their prices reach their customers faster than the competition.



Siena Gateway takes feeds from the Siena Rate Manager, or the bank’s own rate engine and provides granular control to add and manage customer and channel margins then delivers prices with a market leading near-zero latency.

Connectivity

Siena Gateway is designed to be a powerful connectivity application from which banks can trade with multiple portals, channels or business partners. Connecting to a new marketplace simply requires the deployment of an additional adapter providing significant adaptability to future markets. Adaptors are already provided for Currenex, FXall, Bloomberg, Reuters RTFX, CFETS, 360T, HSBC, EBS, UBS and Fairex. Connections to new trading portals can be made within 28 days, giving you rapid access to new liquidity execution venues.

Straight-Through-Processing

Siena Gateway provides seamless, real-time data transfer directly to front/back office systems. Prior to automated STP, order entry was tedious, slow, and error-prone driving down already tight margins. Automation minimises risk, cuts costs and enhances efficiency.

Automation Without Exclusion

The rapid evolution of rules based e-trading has been accompanied by the undesirable side-effect that the rules are universal and inflexible. Siena Gateway enables highly efficient dealer intervention to ensure customers can be serviced with the highest level of quality and service.