Siena eTrader

Siena eTrader

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 the proven technology to satisfy your organisation’s immediate and future requirements.

Siena eTrader

Electronic FX trading is a constantly evolving marketplace. Many large banks have made major investments building their own e-trading platforms to capitalise on the revenue opportunity presented by e-trading. Now, the market has reached the next generation and any bank can gain access to and exploit this revenue stream. Eurobase delivers off-the-shelf e-trading platforms taking banks live to market in very short time frames. As a turn-key solution, Siena eTrader cannot be beaten.

Eurobase has developed an unparalleled understanding of trading business processes stemming from its development of Siena Front Office trading systems.  Siena eTrader is the next logical extension of our product offering. Our experience and knowledge has enabled us to be a pioneer in developing a low cost, innovative and highly functional e-trading platform, the Siena eTrader.  Out-of-the-box Siena eTrader delivers FX Spot, Forward, Swap, Non-Deliverable Forwards, MM Term Funds and Call/Notice Funds. Taking into account our Front Office experience and deep understanding of FX, MM, Derivatives and Options products, and our anticipation of significant growth in the e-marketplace Siena eTrader was designed to enable banks to speed new products to market with minimal development costs and maximum competitive advantage.

As volumes in e-FX trading continue to grow and margins continue to diminish, it becomes imperative that organisations develop their product offerings with the future in mind.

Growing Volumes

e-Trading has underpinned a tremendous growth in the volume of trades and the number of participants that now have access to the marketplace. Siena eTrader can be white labelled to offer the bank’s customers access to this growing dealing community.

24/7 trading and automation of trades makes it possible to produce throughputs that were unheard of a few years ago. In order to capture as many trades as possible it becomes imperative to deliver real-time trade execution with one & two click trading. Siena eTrader gives you rate accessibility & trading enablement with optimum price execution.

Protecting Margins

Of course, increasing the number of trades will increase the bank’s revenue opportunity, but this means little unless the bank can also deliver a cost effective trade. Manual trade entry is tedious, slow and error-prone and can drive the already tight margins into the ground. Siena eTrader enhances STP capability to minimise risk, cut costs and enhance 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 eTrader enables highly efficient dealer intervention to ensure customers can be serviced with the highest level of quality and service.

The best defence is a good offence

Siena eTrader is uniquely positioned to roll out new products with limited development and very short times to market. This enables the bank to trade new products ahead of competitors ensuring the early adopter advantage. Siena eTrader is your true partner for your FX, MM, Derivatives and Options e-trading platform, today and for the future.

Eurobase Banking Solutions

Your long term partner, not just a short term software provider.