In a company press release , trading tech and financial infrastructure firm Itiviti says it is the first independent vendor to develop a fully - automated auto - recovery software solution that can reconcile trades without an outage within the 30 minutes set by trading Exchange ( plc ) . The solution provides a single file that SGX ’s member firms can be trusted 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 retrieved 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.