Guy Eden

Future proof post-trade matching

Guy Eden, Head of Product Management

SIBOS 2011, Toronto

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• Communication• Matching

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• Regulatory uncertainty• Changing trading patterns• Risk mitigation

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• Regulatory uncertainty• Changing trading patterns• Risk mitigation

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• Regulatory uncertainty• Changing trading patterns• Risk mitigation

• Connectivity• Matching• Scale

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Increasing regulation

• Dodd-Frank• FIN48• HIRE

• MiFID / MiFID II• EMIR• UCITS

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Changes in scale - equity growth

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Changes in scale - ETF growth

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Changes in scale

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Risk reduction - 2008

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Risk Reduction

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Risk Reduction

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Risk Reduction - 2011

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Legacy challenges

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Summary

CCP connectivity Flexible communication

Trade repository connectivity Flexible communication

Scalability

Flexible asset class handling

Increased volumes Scalability

Diversity of asset classes Flexible asset class handling

Geographical diversity Flexible communication

Real time matching Real time matching

Multiple counterparties Flexible communication

Flexible interfaces (FIX, SWIFT, . . .) Flexible communication

Low barriers to entry Browser interface

Multiple data formats Flexible asset class handling

Increased volumes & diverse asset classes

Regulatory uncertainty

Changing trading patterns

Risk mitigation

Legacy operations

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