Connectivity
IDEAS offers connectivity using the latest techniques based on XML, FIX (FAST FIX), MQ technology and other real-time messaging options.
- Replication client: Replicates IDEAS tables for a database via an ODBC interface.
- Internet module: Consists of three elements:
- Order routing, used for receiving orders from external systems via MQ. Subsequently, it routes the order to SAXESS or rejects it
- Quick price management, used for quoting quick prices to external systems via MQ
- Internet information feed, used for forwarding on-line prices to external systems via MQ
In IDEAS, routing of orders internally as well as externally is easy. ALOC has a proven record of being ready to integrate with a wide range of different upstream or down-stream systems, which include a wide range of portfolio and risk management applications as well as position keeping systems.
All trades can be transmitted via a real-time link from IDEAS to the back-office system which settles with the Danish VP Securities Services. Further, trades and data can be transmitted from the back-office systems and portfolio systems to IDEAS, for instance telephone/client trades, opening positions, portfolio re-allocations – so that transactions only have to be entered once.
Links have been established from IDEAS to all the large financial settlement and bookkeeping centers in Denmark:
- SDC
- BEC
- Bankdata
But also to other systems in our clients’ system landscape such as
- Bloomberg and SimCorp Dimension, which both settle with the Danish VP Securities Services
Furthermore IDEAS is integrated with:
- MTS and CLICK, which are both deal capture systems
