In all phases, IT platforms and systems play a central role and together form the market infrastructure for the capital market. Examples are the trading systems for derivatives and securities exchanges, clearing platforms of clearing houses or settlement systems of central securities depositories or the European Central Bank, such as the European settlement platform TARGET2Securities (T2S) for securities or TARGET2 for euro payments in central bank money.
The aim is to automate the business processes of capital market transactions as far as possible (straight-through processing, STP). In doing so, it is always important to comply with current financial market regulations.
Consileon is an expert for European market infrastructure
Consileon is an expert in European market infrastructure and supports its customers along the entire capital market value chain, whether in pre-trading, trading and clearing or post-trading. The spectrum of customers ranges from private and public banks, investment companies, marketplace and exchange operators to clearing houses, central securities depositories and custodians.
Consileon has a lot of experience with market infrastructure projects
Over the past 15 years, Consileon has repeatedly supported its clients in the successful introduction, expansion or migration of capital market infrastructure IT platforms and systems. In doing so, Consileon was able to gain a wealth of experience in the implementation of market infrastructure projects.
Migration of trading platforms and clearing systems
For example, Consileon supported the introduction and expansion of a trading platform of a major stock exchange that is used for both derivatives trading and securities trading. Another example is the support of the migration of a clearing platform for the clearing of derivatives transactions and securities transactions of a clearing house.
Introduction of the European settlement platform TARGET2-Securities (T2S)
Consileon supported the introduction of the European settlement platform TARGET2-Securities (T2S) at various participants along the value chain.
Consileon supports the implementation of financial market regulation
Consileon supports its clients in the implementation of financial market regulations affecting market infrastructure in different areas. For example, Consileon assisted in the implementation of MiFiD II/MiFIR (2018) or CSDR (2022) with various capital market participants at different stages of the value chain.