riskart SpA, the company specialized in OTC derivatives processing for the back office, is pleased to announce the release of its latest module, the Riskart Integration Framework (RIF). The new module, based on a service-orientated architecture, further strengthens riskart’s policy of offering “platform-independent” technologies to its clients and takes to a further level riskart’s integration capabilities with front-office position-keeping and trading systems.
In the complex world of OTC derivative trades, the module allows clients or riskart’s consultants to rapidly resolve integration issues that go beyond traditional messaging mapping. RIF can pre-process or post-process trade data that needs to be captured from trading systems. It handles messaging and data formats such as XML, CSV, FpML, MQ Series, Web Services, JMS etc. and can automatically manage the complete trade cycle (cancellations, trade acknowledgements, message enrichment, queuing, error management etc.), thus freeing up back office and IT staff for more value-added projects.