Eurobase Banking Solutions launches multi-product e-Trading module

19th November 2004 Eurobase Banking Solutions has launched a browser-based module of its proprietary Siena trading application. The module extends Siena’s functionality via a web browser interface to support fully automated trading and order management across FX, MM and Derivative products using executable streaming prices (ESP).

The flexible, intuitive and configurable multi-product web browser functionality strengthens Eurobase’s position as a market leader in the e-trading marketplace. An extensive range of products, and the associated functionality supported within the Siena core application, are now available via a web browser. Sell side users are no longer limited to a set number of products they can offer customers for web-based auto-trading. Instead new products and services can be introduced quickly and easily to maximise revenue. The module uses executable streaming prices (ESP) fed from either existing rate management systems or Eurobase’s own rates management and pricing engine.

Sell side customers have the option of having Siena e-Trader seamlessly integrated into existing trading room infrastructure, or using the full functionality real-time Siena core application and web browser to effectively run and manage front office sales and trading.

The architecture has been designed in such a way that a web user’s access has minimal impact on system performance. Existing web load balancing technology is employed to ensure Siena does not impose capacity constraints on the number of concurrent Web users.

David Mallinder, Head of Business Development & Sales at Eurobase Banking Solutions, commented: "Siena e-Trader puts Eurobase firmly on the map as the only vendor able to deliver such flexible fully automated multi-product e-trading functionality and core front office functionality within one system. We expect to make an important announcement on product take up in the very near future"

Eurobase Banking Solutions has specialised in treasury management, dealer support solutions and outsourced development services since 1978 and is a division of the Eurobase International Group, a market leader in specialist financial services software.

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