DATA AGGREGATION

kACE Vol Aggregator - High quality data sourcing, aggregation and publishing

The kACE Vol Aggregator provides a robust, customisable data feed for FXO and metals options that can be used throughout an organisation.

Accurate modelling and valuations are only possible if the underlying information is of the highest quality and reliability. Our solution has three parts:

• Data sourcing: Real-time data is collected from a wide range of sources and data platforms
• Aggregation: Quality is guaranteed through our aggregation modules and advanced data-cleansing algorithims
• Publishing: Our data-publishing module provides distribution of prices and calculations to a wide variety of destinations, managing multiple price tiers and spreads, and including full validation of outgoing data

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 uses one of various sophisticated algorithms
• Data quality checks undertaken on aggregated data
• Automated spreading, with ability to vary per tenor and time of day

Publishing

Our wide-spread distribution includes:

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

DATA DISTRIBUTION

kACE Gateway is a kACE-hosted messaging hub providing two-way communication between a customer’s kACE TS deployment and the many participants of the FX derivatives ecosystem.

• Inbound straight through processing (STP) of trades to kACE TS (e.g., from selected execution venues)
• Outbound STP from kACE TS to trade repositories or trade processing systems
• Order routing mechanism (kACE Deal Manager) to execution venues
• Transmission of position values out of kACE TS (for example, for valuation purposes and trade repositories)
• Market data contribution to the kACE community and beyond