CSK Software AG (CSK) has developed an X-Gen based solution to provide business automation support using Valordata Feed (VDF)
The CSK system is based on X-Gen, CSK’s leading business automation and integration software, which can be integrated into any existing systems landscape within an organisation.
Telekurs data is integrated into this system via Valordata Feed (VDF) which provides access to Telekurs Financials’ database (one of the most comprehensive in the world). VDF is one of the key sources for both master and event data, as well as for current prices in international securities trading. The X-Gen based solution imports VDF messages and matches them to the specific requirements of financial institutions.
"If an institution receives an order for securities, but doesn't have the relevant master data, the CSK solution automatically triggers a request to Telekurs Financial and integrates the data set in question into the appropriate database. This guarantees pure STP rather than a process interruption of hours," explains Andreas Wagner (CTO at CSK Software AG)
"The CSK solution imports VDF messages and automatically adapts them to a financial institution’s particular target system," said Beat Koch (CEO Telekurs (U.K.) Ltd. "By providing high quality data into this model we can ensure that only consistent, high quality data flows into organisations, whilst CSK handles the integration and automation."