RiskLine-P

Quote distribution and validation system

Info letter on quotes as a risk factor
Fact Sheet RiskLine-P
Fact Sheet Synthetic System
Fact Sheet OTC Security
Fact Sheet illiquid OTC Security
Kursqualität ein unterschätzter Faktor ...die Bank
Kursselektion bei Anleihen mit Hilfe von Fuzzy-Theorie

The use of incorrect quote information represents a great potential risk for financial services providers. For example, in the calculation of fund prices (NAV) the use of incorrect quote information can be associated with enormous risks and consequential losses for financial services providers. According to the abraxas approach, central quote distribution takes place in an upstream process.

The integration of various data providers allows the use of additional methods for quality assurance of the information. Furthermore, communication failure with one data provider can be compensated by using alternative providers. The open architecture of the system allows any number of data sources and target systems to be linked to Riskline-P.

RiskLine-P (P stands for prices) queries specific quote information of various qualities (realtime / delayed / end-of-day) from various data suppliers, checks these by various methods (such as statistical tests) for market conformity and passes on the quality-checked quote information to the target systems that need the particular quote. The query of the data providers occurs at the data quality and the time at which the target systems require the data for further processing ("just-in-time"). RiskLine-P allows both one-time and periodic querying of quotations. To ensure a high degree of automation, RiskLine-P generates all the necessary quote queries itself.

The integration of various data providers allows the use of additional methods for quality assurance of the information. Furthermore, communication failure with one data provider can be compensated by using alternative providers. The open architecture of the system allows any number of data sources and target systems to be linked to Riskline-P.

The following data sources are currently supported:
  • Thomson Reuters
  • Bloomberg
  • SIX Financial Information (Telekurs)
  • Thomson Financial
  • IS.Teledata
  • vwd
  • Infobolsa Deutschland
  • Eingeberseiten ("Pages")
  • Webseiten
  • Microsoft Excel

RiskLine-P already has interfaces to the following core banking systems; others can be implemented as required.

  • Olympic
  • SAP
  • Smart Stream
  • Forbatec.V3
  • FondsManager

Altogether, RiskLine-P constitutes a total infrastructure for query, consolidation and distribution of quote information. Furthermore, the system allows validation of information according to defined rules. The use of this system by financial services providers ensures consistent, auditable, quality-checked quote distribution to all target systems at the financial services provider.

Continue to RiskLine-M