DealHub IM Connect provides a low cost alternative to using proprietary networks for conversations and dealing by providing a secure, reliable and fully functional alternative. This results in a bank being able to create its own customisable internal dealing environment either locally, regionally or across the globe.
Potential users of DealHub/IMConnect:
- Branches that only deal internally, but currently go out over Reuters or other services to achieve this
- Sales desk / spot desk / options desk etc., both locally and globally
- Corporate clients
Features
- Instant conversations and dealing using a bank’s internal dealing codes over the banks own global network
- DealHub/IMConnect can also be used securely over the Internet, providing alternative access for branches or even to act as a captive channel for corporate clients to use DealHub/IMConnect (e.g. as a white labelled product with Bank branding)
- Multiple conversations and dealers per dealing code, with multiple dealing codes available to each dealer
- Extensive user configurable ‘Reuters’ style dealing functionality from XP workstations
- Forms based conversations, customisable for different products (e.g. options)
- Tickets and conversations can be overviewed, just like Reuters Dealing 2000/3000, EBS etc. and can be stored locally as well as passed to any location for reconciliation and archiving
- Fast and secure as well as easy to install and use
- Associated archive facility for instant and subsequent recall of conversations and tickets
- Forwards conversations and tickets to internal bank systems using standard protocols
- Can cut and paste to / from other desktop applications
Benefits
- Significant savings on dealing costs – compelling ROI
- Decision makers can contain their costs as well as providing easy access to internal pricing and dealing services for a broader community
- Potential to reduce hardware on traders’ desktops and associated infrastructure, both for main locations (e.g. Spot, Forward and Options desks) as well as at remote locations / branches
- DealHub/IMConnect can readily integrate with existing systems, thus increasing STP capabilities through front, middle and back office systems
- Dealing codes can be moved at will, supporting a “virtual dealing room” and global desks
- Potential to connect and trade directly with corporate clients with a view to keeping business in-house
- Installation, implementation and management under bank control.
