Case Study: RTS Solutions for Exchange Connectivity


The client is a top tier international investment bank with a brokerage division that holds leading positions on many exchanges covering equity, derivatives and emerging markets. It has a physical presence in more than 20 countries. While the firm has traditionally maintained its own trading infrastructure, the process to develop and maintain exchange gateways in-house came under review with the realisation that the business would be better served outsourcing this non-core operational overhead.



The Client

The client is a top tier international investment bank with a brokerage division that holds leading positions on many exchanges covering equity, derivatives and emerging markets. It has a physical presence in more than 20 countries. While the firm has traditionally maintained its own trading infrastructure, the process to develop and maintain exchange gateways in-house came under review with the realisation that the business would be better served outsourcing this non-core operational overhead.

Conclusion

RTS helped the client streamline their market connectivity and bring operational efficiencies that now permit them to easily scale their business. The client retained some of their existing physical connectivity to certain markets and complemented this with RTS hosted connectivity to other markets. All connections run over the same gateway and risk management technology which permits integrated control across markets. The client replaced individual gateways with a single API based on the FIX market standard into the RTS connectivity platform. This takes care of market symbology, changes to exchange interfaces, drop copies and pre-trade risk management. The client eliminated time consuming development and maintenance of non-core activities and is now able to dedicate internal resources to strategically more significant tasks.

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RTS delivers high-performance trading solutions and services across asset classes to elite financial institutions worldwide.  We are one of the world's top providers of low-latency, high-frequency, robust algorithmic trading solutions.