The DealHub Conductor solution enables sell-side banks to route traffic to existing aggregation services (such as CLS) as well as to CCP solutions using advanced filtering and business logic. With the DealHub Conductor solution the integration point to the aggregation service occurs earlier in the trade flow, at the front office. Key events will occur earlier in the trade flow – a term DealHub refers to as Back to Front™ processing.
Using the DealHub Rules Engine, aggregation rules are defined and agreed, e.g. timing of aggregation based on dollar volume, number of tickets, time of day, etc. All matched trades are routed to settlement and CCP services. Unmatched trades will be delivered to CLS through the traditional route when required.
Business Benefits of using DealHub Conductor
- READY: DealHub installed in 13 of the top 20 FX banks by activity
- UNIQUE: DealHub uniquely positioned in trade lifecycle
- UNIFICATION: Common DealHub methodology of collecting trades from ECNs and storing in DealHub
- TRANSFORMATION: Trades transformed into common DealHub format
- UNIFORMITY: Each trade has common fields in common DealHub format at each bank
- SUITABILITY: Trades in ideal state for pre-risk matching
- AVAILABILITY: Instantly available for matching - can be peer-to-peer or central with banks connecting across a ‘DealHub Grid’
- FUNCTIONALITY: Smart Trade Routing to CLS aggregation or CCPs via DealHub Conductor
