"We were moving our FX/MM business from one vendor system onto another one. However, we found gaps in the functionality of the target system. In order to fill these gaps we looked to Quartet's ActivePivot. With their true real-time OLAP technology and their integration features we were able to fulfill these missing requirements and now we have satisfied users and have a lower total cost of ownership".
Dr. Gerd Börker, Head of IT Capital Markets, West LB
ActivePivot is a real-time OLAP engine that brings you an instant view of your foreign exchange (FX) and money market (MM) positions. In such markets, where prices fluctuate continually with heavy volumes of trading, the immediate understanding that ActivePivot delivers is absolutely critical for timely decision making
Managing intra-day position and exposure limits requires incredibly rapid and high volume calculation throughput. ActivePivot can parse, aggregate, and load into its cube millions of FX/MM trades per second and you can listen and react to more than 10,000 market data updates per second. The benefits of OLAP reporting and the decision-making capabilities of event-processing software are such that compliance can be automatically checked pre-trade execution, as well as constantly monitored for notification as markets move against traded positions
Key Benefits
Analysis of FX/MM risk at the speed of market changes
Continuous analysis of market events to support operational decisions
Rapid and cost efficient deployment
Automatic checking of compliance
If you are interested in exploring further the most innovative aggregation engine with market-leading performance and memory management, please contact us. We would welcome the opportunity to discuss ActivePivot with you in more detail and identify the ways in which it could be used to bring much benefit, cost effectively, to your IT and business users.