Cinnober to provide ASX with new trading system
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information.
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information.
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
Please click here for more information on Premium features or contact us.
To learn more about subscribing to our service options, please contact us here
Australia’s major equities and derivatives markets will adopt a common technology platform architecture
The Australian Securities Exchange (ASX) has now announced that it has selected Cinnober for a major upgrade to its trading technology. Cinnober’s state-of-the-art TRADExpress Trading Systemwill replace ASX’s equities and derivatives systems with a common, multi-currency, multi-asset class solution.
The new ASX trading system, when built on Cinnober’s highly flexible and functionality-rich platform, will be easily extended and highly scalable, and will facilitate cost-efficient operations and fast time-to-market for new products and services.
“Consolidating ASX’s current trading technologies onto a common platform architecture will drive efficiencies and positive synergies for both our customers and the exchange," says Tim Thurman, Chief Information Officer of ASX. "A major project like this requires a partner with a strong track record across a range of markets. This solution will give ASX greater flexibility and allow us to add functions and services faster. We look forward to building a strong partnership with Cinnober.”
ASX is one of the world’s leading exchange groups, offering a full suite of services that includes listing, trading, clearing and settlement, across a wide range of asset classes. Using the best available technology and delivering the right solutions to its clients are priorities for the exchange. ASX is the first major financial market to open each day, and its markets rank consistently in the top ten in the world.
“Winning ASX in fierce competition is a terrific way to kick off the year,” comments Cinnober’s CEO, Veronica Augustsson. “We have demonstrated that our solution is best able to quickly fulfill the needs of ASX, both in terms of functional scope and quality. ASX presents us with yet another challenging technology project at one of the largest exchanges in the world, which we are looking forward to as we build a long and positive relationship.”
Cinnober is a world-leading and independent supplier of financial technology to marketplaces and clearinghouses. Customers include major exchanges with extreme demands on reliability and performance, such as BM&FBOVESPA, Deutsche Börse, Dubai Gold & Commodities Exchange, Euronext, Johannesburg Stock Exchange, the London Metal Exchange, LME Clear, NYSE and the Stock Exchange of Thailand.