|
|
|
Author: Sitanta Ni Mathghamhna
Source: Sell-Side Technology | 21 Sep 2011
Categories: Data Management
Topics: Xenomorph
As part of its market data management project to improve the internal model for market risk calculations, LBBW (Landesbank Baden-Württemberg), one of Germany's largest banks, has implemented Xenomorph's TimeScape analytics and data management solution.
According to the London-based vendor, TimeScape provides the bank with a performance data management system which enhances risk management, delivers validated market data based on consistent validation processes, and ensures regulatory compliance.
The system is used to import, normalize, validate and distribute data types from different sources, including equities, indices, FX and interest rates, bonds, warrants, credit spreads, options and futures, volatilities, and credit and yield curves; TimeScape supports approximately 210,000 instruments.
The data is cleansed, stored, validated and then distributed to downstream systems, enabling consistent and efficient risk reporting and analysis. TimeScape allows the management of multiple golden copies for risk, back-office and accountancy, and enhances data consistency and transparency across the different departments.
More from Sell Side Technology
Related Articles
Latest Media
Events
Updating your subscription status 
Subscribe to WatersTechnology
WatersTechnology has been designed with our end-users in mind so now you can pick and choose what content you wish to subscribe to and make considerable savings.
Visit our subscribe page now to see which WatersTechnology subscription package suits you.
Events
Training
Email Alerts
Latest Whitepapers
New regulations such as Basel III are changing trading and risk practices by rewarding banks that actively manage their risk exposure at an enterprise...
Supporting multiple securities identifiers imposes an operational burden that adds cost and latency to critical trading processes. Bloomberg’s recently...
Visitor comments Add your comment