Caronte EAI - Financial Middleware

Caronte EAI is a modular software suite that supports and automates all alignment tasks of the banking systems as well as the trading activities carried out directly on the financial markets.

Caronte EAI - Financial Middleware

Caronte EAI is a modular software suite that supports and automates all alignment tasks of the banking systems as well as the trading activities carried out directly on the financial markets. The connections can be one-way, to receive or send data, or bi-directional.

The system provides connectivity to domestic and international markets, brokers, networks, Front Office, Back Office, Risk Management and Position Keeping systems and aligns data in all the connected systems. It is possible to establish rules in order to ensure that all systems receive the required data in the correct format and in a defined sequence. The system creates alerts for any problem and it is possible to resend the data or to resynchronize the systems at any time. 


Functionalities

Depending on the number and type of installed connections, Caronte EAI is able to capture executions from all connected international markets, networks and brokers for equities, bonds, funds, derivatives, money market and foreign exchange. The executions received can be routed by ad hoc interfaces towards the most common Position Keeping, Risk Management and Back Office systems, such as Murex MXG2000, Kondor+, Risque, CAD IT Area Finanza and others. 

CARONTE EAI is able to use resources and components from the connected systems for automatic reconciliation of static data or alerts for misalignments. 

The data is captured from different sources, normalized and consolidated in order to send all required information to each connected system. The data transfer can be bi-directional, e.g. in order to pass back to the Back Office enriched data from the Risk Management system.

CARONTE EAI keeps track of the status of each message and of each data entity that is sent through the system. All messages and data entities can be sent again e.g. after the addition of missing codes or static data in one of the connected systems. 

A monitoring application allows to control the connections and the information flows and to identify error messages immediately. 

Trading data can also be sent to Data Mining systems or analysed by the tools of Caronte EAI through charts, reports and print-outs. The system offers persistent data storage in parallel to the deal capture functionality. 

Among the key features of our offer:

  • scalability and lower cost of ownership; 
  • management of an unlimited number of channels and available integrations with the main third party systems on an international level;
  • high qualitative standards in terms of performance and functionality;
  • high performance in terms of message volume and number of transactions; 
  • system availability very close to 100% of uptime.