In a company press release, trading tech and financial infrastructure firm Itiviti says it is the first independent vendor to achieve a fully-certified auto-recovery software solution that can reconcile trades following an outage within 30 minutes set by Singapore Exchange (SGX). The solution provides a single file that SGX’s member firms can be given to refer to in the event of a disruption, with Itiviti’s API connection to downstream components enabling positions, limits, trade and risk data to be updated automatically.
In a company press release, trading tech and financial infrastructure firm Itiviti says it is the first independent vendor to achieve a fully-certified auto-recovery software solution that can reconcile trades following an outage within the 30 minutes set by Singapore Exchange (SGX). The solution provides a single file that SGX’s member firms can be given to refer to in the event of a disruption, with Itiviti’s API connection to downstream components enabling positions, limits, trade and risk data to be updated automatically.