CHICAGO, Nov. 26 /PRNewswire/ -- Appenture Group, a full-service Internet Technologies development organization specializing in financial services, today announced the release of PB-Integrator, an application tool that enables enterprise users to load, access, edit and calculate portfolio and risk parameters via CME SPAN(R) across networks platforms.
Appenture Group's PB-Integrator bridges the gap between CME SPAN(R) and real world computing environments supported by leading exchanges and risk management software organizations worldwide. PB-Integrator, a Java(R) based toolset, provides easy multi-user, cross-platform integration of SPAN functions into enterprise level applications. Currently, applications that include SPAN functions are restricted to Microsoft Windows programs and networks. PB-Integrator removes current restrictions, enabling any application to include SPAN functions.
"Previously, users wishing to integrate SPAN into existing back office systems were faced with multiple barriers leading to development and operational headaches," said Lorin M. Klugman, Chief Architect at Appenture Group. "PB-Integrator is an efficient and cost-effective solution because it seamlessly allows users to access SPAN functions in their native environments while relying on established commercial software."
PB-Integrator simplifies integration of SPAN into new or existing applications. This is of particular importance for trading exchanges that must integrate new risk calculations for emerging markets into established exchange margin structures.
PB-Integrator works with the Chicago Mercantile Exchange's Standard Portfolio Analysis of Risk (SPAN), which is used by virtually all registered futures exchanges and clearing organizations in the United States, as well as futures exchanges and clearing organizations Worldwide including the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), NYMEX/ COMEX, New York Board of Trade (NYBOT), Kansas City Board of Trade (KCBOT), Minneapolis Grain Exchange (MGE), Winnepeg Commodity Exchange (WCE), Canadian Derivatives Clearing Corporation (CDCC), Euronext-Paris (Paris Bourse), KELER, Budapesti Arutozsde, Budapesti Ertektoszde, Hong Kong Futures Exchange (HKFE), Singapore Exchange (SGX), Sydney Futures Exchange (SFE).