MarketCenter Hub

Outsourced Solution for Trading Desk Electronic Infrastructure

MarketCenter Hub is a fully outsourced electronic trading infrastructure solution that wraps around your existing trading and surveillance systems to optimize trading messaging flows and increase transparency. MarketCenter Hub provides you with maximum agility in your electronic trading infrastructure while also enabling you to streamline infrastructure and rationalize costs.

MarketCenter Hub easily integrates with your existing electronic trading infrastructure, allowing you to outsource those tasks that are non-differentiated or not cost-effective to be developed and supported in-house. It is adaptable to the specific needs of a particular business workflow, trading environment, and desired levels of redundancy.

We provide a broad range of services from Outsourced FIX Connectivity Management to Outsourced Regulatory Compliance and Trade Reporting Services.

With MarketCenter Hub for Outsourced FIX Connectivity Management, your trading desk operation gains:

COMPLETE FIX CONNECTIVITY SOLUTION
Connectivity and integration at all levels: institutions to broker-dealers, broker-dealers to markets, brokers to brokers, and internally from system to system.

ADVANCED MESSAGE HANDLING CAPABILITIES
Offers a broad variety of advanced message handling services, from FIX connectivity management to reporting services. MarketCenter Hub will perform all and any required FIX version conversions and tag transformations. We handle all order routing message types, including cancels, cancel/replaces, and asynchronous reporting.

FAST TURN AROUND FOR CONNECTIONS
Pre-certified and cross-connected with 59 applications and networks servicing the global financial markets.

TRANSPARENCY FOR MONITORING AND SURVEILLANCE
Managing FIX traffic for all trading applications via MarketCenter Hub creates a single central data stream for your risk monitoring and surveillance applications.

"WHITE GLOVE" CUSTOMER SERVICE AND SUPPORT

  • Our expert Customer Service teams in New York, Boston, and London continuously monitor our applications and network and stand ready 24x6 to provide highly responsive, live customer support.
  • Our experienced Client Implementation team provides complete project management for all new installations and certifications, including third-party coordination and vendor management.

 

With MarketCenter Hub for Outsourced Regulatory Compliance & Trade Reporting Services, your trading desk operation can gain:

COMPREHENSIVE OATS REPORTING SOLUTION
We are a leading provider of OATS-related services to broker-dealers trading in U.S. SS&C FMG is a FINRA-certified Transmitting and Reporting Order Sending Organization (OSO) and is currently submitting OATS reporting for over 100 firms. We specialize in providing clients with comprehensive OATS reporting solution for any set of trading systems and at any level of complexity.

OATS REPORTING MONITORING & SUPPORT
SS&C FMG provides a unique value-added monitoring and support service that reduces the need for internal support staff within a broker-dealer. Our expert Trade Support staff will actively supervise submissions and interact with FINRA and your trading application vendors on your behalf to resolve breaks, if any.

OATS REPORT GENERATION FOR THIRD-PARTY SYSTEMS
SS&C FMG’s high-speed OATS generator utility, a flexible solution capable of processing millions of records, creates a FINRA-required format file based on the client’s logical business framework.

OATS CONSOLIDATOR FOR DESKS WITH MULTIPLE TRADING SYSTEMS
SS&C OATS Consolidator is a broker-neutral compliance process that provides an accurate OATS reporting solution for broker-dealers using multiple trading systems. OATS Consolidator is a full-service compliance solution that encompasses business process exploration, technology implementation, and post-implementation monitoring and support, providing you with worry-free OATS management.

ASIC SHORT POSITION REPORTING
The Australian Security and Investment Commission (ASIC) has introduced mandatory daily reporting of end-of-day short positions by any seller on its registered markets. Market participants are required to deliver their reports via FIX 5.0 messaging. SS&C provides FIXLink customers with a solution that allows firms to comply with the ASIC's Regulatory Guide 196 Short Selling (RG 196) even if their position management and/or portfolio management systems do not support FIX 5.0 reporting. Our automatic message transform utility will transform your short position report text file into FIX 5.0 message and deliver it to ASIC. The service is monitored and supported 24x7.