kACE Vol Aggregator

kACE Vol Aggregator

The Pro Vol Aggregator delivers a high-quality, robust data feed for usage throughout an organization. Pro VA supports an open infrastructure that allows real-time data to be sourced from a wider range of providers, either directly or via data platforms. Data quality is maintained and monitored through the Pro VA aggregation modules and data-cleansing algorithms. The data can be automatically published to kACE Pro, managing multiple price tiers and spreads to enable accurate pricing through multiple trading channels, as well as into other third-party systems.

Please see below for more details:


Data sourcing


Our comprehensive approach to data sourcing involves:

  • Drawing data from a variety of sources based on client preference (over Thomson Reuters Enterprise Platform (TREP)/Reuters Market Data System (RMDS), the Bloomberg Market Data Feed (B-PIPE) as well as from ICE Data Services and via WebSphere MQ)
  • Data quality checks on source data removing outliers
  • List of sources, configurable by time, with weightings
  • Integration with kACE Gateway for receiving data
  • Backpressure handled through robust conflation solution


Aggregation

Our aggregation solution utilises advanced tech to guarantee the quality of the data:

  • Aggregation and cleansing using one of the various algorithms
  • Data quality checks on aggregated data
  • Customizable screen layouts
  • Customizable aggregation logic
  • Customizable quality checks


Publishing


Our comprehensive approach to distribution includes:

  • Publishing via TREP/RMDS and/or B-PIPE
  • Data validation generating alerts and/or preventing publishing
  • Configured integration to the kACE Pro Options and kACE TS products
  • Full audit trail


kACE Vol Aggregator: Key benefits

Consistency, transparency and reliability are among the key benefits of our approach:
  • Consistent real-time data available across trading, e-commerce, risk, surveillance, and middle office departments
  • Enables traders to quote prices across a wider group of currency pairs
  • Benchmark volatility surfaces
  • Full control and transparency over data sources
  • Robust solution minimizing operational risks of data management in Excel
  • Plug and play integration with kACE Pro and kACE Gateway
  • Enables out of trading hours automated data production
  • Reduces maintenance cost and effort by leveraging Fenics Gateway to source data