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Post execution process solution from IBM

Executive summary Business view Technical details
The issues
A sound platform for development and growth
In the financial services industry, system errors or performance problems simply cannot be tolerated. The post execution process solution from IBM includes application and information integration, business process management and access and collaboration capabilities that can help you manage a securities processing infrastructure designed with future growth in mind.

The benchmark
A long-term IT solutions partner
IBM offers the services to design, build and operate the post execution process solution. We also build the software on which the solution will run, providing our financial services clients with access to the best possible support and development resources.
  • Our integration and application infrastructure software leads the industry in new performance benchmarks for real-world business environments—IBM WebSphere® software won the most votes in the application server category of the 2005 Computerworld Hong Kong Awards.
  • IBM WebSphere software is used by 87,000 customers worldwide, including the top 45 commercial and savings banks and 15 top Wall Street brokerage firms.
  • More than 9,000 independent software vendors have written applications on top of IBM WebSphere, a preferred J2EE™ platform for application vendors.

The components
Innovative technology
The core of the post execution process solution framework is the IBM WebSphere Business Integration family of software. Components can include:
  • IBM WebSphere Business Integration Modeler—delivers rapid time to value through an integrated framework of tools, content and runtime.
  • IBM WebSphere Business Integration Server Foundation—extends and integrates your existing IT assets using a next generation integration platform optimized for building and deploying composite applications.
  • IBM Rational® Software Development Platform—helps define, automate and integrate your strategic business processes and software development in an open, proven and modular manner.
  • IBM DB2® Information Integrator—helps your business replace manual processes with electronic processes and meet the challenge of finding, accessing, integrating, synchronizing and sharing a wide variety of information.

The implementation
Total process reengineering
IBM software and services are used by virtually all financial markets customers—and we’ve provided comprehensive post trade processing solutions for many of them. Credit Lyonnais, a global banking group, needed to enhance worldwide efficiency to enable real-time responses to customers and business partners, and to automate trade flow management operations. We employed IBM WebSphere Integration software, enabling business process transformation which resulted in:
  • Consolidation of redundant, globally distributed systems to enable straight-through processing of equity trades, improving responsiveness to changes in market demand.
  • A 20% cost reduction in business and IT operations, 99% custodian reconciliation, virtual elimination of failed trades, increased business responsiveness, and faster time-to-market with new products and services

The cost of ownership
Manage the full post execution process
The internal messaging structure of a securities firm is typically complex, proprietary and inflexible, making it high risk and expensive to maintain. The post execution process solution from IBM can help to lower these costs and reduce your operational risk. With our solution you can:
  • Implement common messaging standards into a controlled and managed messaging infrastructure, with minimal impact on legacy applications.
  • Automate expensive and error-prone manual processes while still managing their complexity.

Next steps
 
Questions about this solution? Contact an IBM Financial Services specialist.

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Hardware
Focus on systems