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AbaSec User group meeting2011-10-20

© 2011 Tieto Corporation

Agenda

• Welcome• Product Information• OMS • Kaffe• Demo New AbaSec• Seminarium - Algo trading / high frequency handel - Fredrik

Hjort

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CM&L SwedenMarianne Nilsson

© 2011 Tieto Corporation

Organisation CM&L Sweden

4

CM&L SwedenJohan BerglundCM&L SwedenJohan Berglund

SecuritiesMarianne Nilsson

SecuritiesMarianne Nilsson

Securities FinlandArto Hallinen

Securities FinlandArto Hallinen

FundClaes Byström

FundClaes Byström

CollectionJohan Frenning

CollectionJohan Frenning

Business ServicesThomas

Bergström

Business ServicesThomas

Bergström

© 2011 Tieto Corporation

Organisation CM&L Sweden

5

Securities SwedenMarianne Nilsson

Securities SwedenMarianne Nilsson

Securities Finland

Arto Hallinen

Securities Finland

Arto Hallinen

Support Sweden

Petra Finnström

Support Sweden

Petra Finnström

Consulting Stockholm 1 Nina Morell

Consulting Stockholm 1 Nina Morell

Consulting Stockholm

2Claus Meyer

Consulting Stockholm

2Claus Meyer

Consulting GävleHenrik

Lindkvist

Consulting GävleHenrik

Lindkvist

Securities Pune

SanjeevChaudhari

Securities Pune

SanjeevChaudhari

Product Operations

HenrikLindkvist

Product Operations

HenrikLindkvist

Project Office

Jan Afrell

Project Office

Jan Afrell

Sverige 80 personerFinland 20 personer Pune 30 personer

Totalt 130 personer

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AbaSecProduct Information

Henrik LindkvistOla Kellander

Tieto,henrik.lindkvist@tieto.comola.kellander@tieto.com

© 2011 Tieto Corporation

Agenda• Functional View

• AbaSec – Near future• AbaSec Future

• Technical view• System Overview• Technical Roadmap• Job Engine 2.0

• Team Foundation Server – New Opportunities• AbaSec - Conclusion

7 2011-10-19

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Functional Roadmap

© 2011 Tieto Corporation

Functional Roadmap - 2010• 15.10 2011-04

• Harmonized clearing/settlement, New AbaAuto, Ongoing maintenance

• 15.20 2011-10• Migrated, Ongoing maintenance, Oasys

• 16.10 2012-04• New order module, Ongoing maintenance

• 16.20 2012-10• Ongoing maintenance

• 16.20 2012-10• Ongoing maintenance

9 2011-10-19

AbaSec – Near Future• 15.10/15 Release doc. available• 15.20 Continue migrating. Delivery to

customer• 16.10 Continue migrating. Delivery to

customers• Development in 16.10• Improved documentation

2011-10-19

AbaSec – Future

• SaaS• Specialized offerings, Private banking• Multi legal• Customer unique development

2011-10-19

Regulatory Changes• Dodd-Frank• Basel III• Fatca• Mifid• POL• …

2011-10-1912

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Technical View

© 2011 Tieto Corporation

AbaSec - Today

AbaSec Database

Microsoft SQL Server2005/2008

Application Servers

.NET Remoting

Windows Server 2008

.NET Data Objects

ADO.NET

KeySoftware Req.

Architect/Interface

Protocol/Format

Interaction

AbaSecurities Clients

.NET 2.0

WinForms UI

.NET B.O.

AMC (.NET)

VB3

VB3 UI

VB6 B.O.

VB6

VB6 UI

COM+ Servers

COM+

Windows Server 2003

VB6 Data Objects

DAO / ADO / ODBC TCP / NP

RecordsetsTCP/HTTP/HTTPS

DataSets DCOM / RPC

ADO

© 2011 Tieto Corporation

AbaSec - Migrated

15

AbaSec Database

Microsoft SQL Server2005/2008

Stored Procedures

Application Servers

.NET Remoting

Windows Server 2008

AbaSec Data Objects

AbaSecurities Clients

Windows XP/Vista/7

.NET Framework 4.0

AbaSec WPF Client

AbaSec Business Objects

Data Binding

DataSets

TCP/HTTP/HTTPS

ADO.NET

KeySoftware Req.

Architect/Interface

Protocol/Format

Interaction

© 2011 Tieto Corporation

System Overview

16

Master Database

AppServers1..n

Internet

WCF Services1..n

Failover Databases

Web Servers

JobEngine

Gateways1..n

Intranet

AbaSecurities Clients

Technical roadmap – 15.15• Fall 2011• Last version to support SQL Server

2005• AIS services functionality available as

WCF• Last version with VB6 runtime• Last version with Crystal Reports• Last version to support FTP based

VPC communication, VPC FTP

2011-10-19

Technical roadmap – 15.20• Fall 2011• First version of new AbaSecurities

Client• Requires .NET 4.0• Requires SQL Server 2008• Requires SQL Reporting Services

2008 R2• JobEngine 2.0• SecNotification• AbaSecurities Services 2.0, based on

new architecture

2011-10-19

Technical roadmap – 16.10• Spring 2012• No technical upgrade

2011-10-19

Technical roadmap – 16.20, 17.10• 16.20

• Fall 2012• Last version to support Windows XP• Last version AIS, ADD, AbaAccess

• 17.10• Sql Server Denali (maybe 16.10)

2011-10-19

Job Engine 2.0 - Prerequisites• Scalable.• Minimal configuration.• Flexible to deploy new tasks.• Easy to monitor and administer.

2011-10-19

Job Engine 2.0• Job engine 2.0.

• Job Server• Agent• WCF interface• Database• User interface

• Parallel job execution• Batch handling• Work flows• AbaAuto jobs fully implemented

• Today 100 day jobs and 140 night jobs implemented

• Not only AbaAuto jobs

2011-10-19

AbaSecJob DB

AbaSecJob Agent

AbaSecJob Server

AbaSec WebService API

AbaSec WebService API

AbaSec JobEngine GUI

WCF

WCF

T-SQL

T-SQL

T-SQL

TCP

TCP

Basic ConfigurationExtended Configuration

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Team Foundation ServerOpportunities

Team Foundation Server –Opportunities

• New Ways Of Working for AbaSec organization

• Fully integrated work flow• Traceability – we know what to test• Agile delivery model• Automatic unit testing• Automatic work flow tests (proof of

concept)

2011-10-1924

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Conclusion

AbaSec - Conclusion• Modern technology• 3 tier client server implementation• Standardized WCF interface• JobEngine• Modularized system• Coherent user interface• Documentation improvements (English)• Customer unique development• Upgrade dialogues with customers• On site personnel?! • New offerings, SaaS, Private Banking…• Documentation

2011-10-19

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Henrik LindkvistOla KellanderTieto,henrik.lindkvist@tieto.comola.kellander@tieto.com

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Tieto OMS

Nicklas Torlegård

Lead Software ArchitectTieto, Capital Market & Lifenicklas.torlegard@tieto.com

© 2011 Tieto Corporation

T-OMS Project Organization• Project Manager Börge Haga• T-OMS Product Manager, Mathias Lundberg• T-OMS Architect, Patrik Olausson

• AbaSec OMS • Orderer, Product Department

• Reference Group• Project Manager, Christina Roittu• Lead Software Architect, Nicklas Torlegård• Architects, Pär Wallmark, Ludvig Sandström

29 2011-06-21

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Tieto OMSOrder Management System

© 2011 Tieto Corporation

How it is connected

31

Tieto / Other BO

Tieto OMS

Market accessExchanges, MTF’s, FIX, TNP etc

AccountDepotClearingSettlement

Order routingRules engine

Coverage controlInformation, reservation

Validation EngineCoverage controlInformation, reservation

Order managerGUI, FIX, Native, Excel

EMSPortal /Web trader

Fund management

Core bank system

© 2011 Tieto Corporation

Order types

32 2010-07-01

• Market orders• Limit orders• Stop loss• Sell all• Amount only• Market order types like

• FoK• FaK• Pegged• MES• A select set of SOR/ALGO parameters

© 2011 Tieto Corporation

Order

33 2010-07-01

© 2011 Tieto Corporation

Technical highlights

34 2010-07-01

• Modular design• Deployed as Windows services• Mostly stateless• Distributable• System monitoring (probes)• Extensive logging

© 2011 Tieto Corporation

Interfaces

35 2010-07-01

• Client/Account data• Instrument data

• Standardized XML interfaces• XSLT transformation

• File drop / Websphere MQ• Abstra, prop interface

• TCP• Covers everything

• Market Access• FIX• Front Arena TNP• INET, CHI-X, Burgundy, Tradelect

© 2011 Tieto Corporation

Interfaces II

36 2010-07-01

• Abstra• Synchronous request / response• All system functionality accessible• Native format• TCP

• MQXML• Asyncronous request / response• XML• Websphere MQ / File

• Feed• Order state / trades etc• TCP publish/subscribe

© 2011 Tieto Corporation

Technical

37 2010-07-01

• Efficient native database interface• SQL Server and Oracle currently supported• Database only for storage

• 64-bit portable native code, C++• High performance / low latency• Muiltithreaded• n number of pipelines for asyncronous data• TCP / Shared RAM

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Tieto OMSChanges in AbaSec

© 2011 Tieto Corporation

Deliverable OMS 1.0, AbaSec

39 2011-06-21

• Retail order functionality• Stocks• Bonds

• Derativies and rights for above mentioned asset classes

• Stop-loss, need of real-time market data• Good-til-date

• Exception monitor• Overview of status

• User Interfaces• Orders, Deals

© 2011 Tieto Corporation

AbaSec Validation Engine

40 2011-06-21

• Separate ”database” for off-loading AbaSec including:• Positions• Cash

• Reservations• Trading power

• Margin requirements• Instrument prices• Currency prices• Accounts• Instruments

• Will be developed using same technology as ”inkapsling” • Will have information for order validation!

© 2011 Tieto Corporation

AbaSec• Current market place deals functionality will be used for

processing deals in AbaSec. No planned changes!• Added functionality for trigger changes in positions, deals

and more to support Validation Engine• OMS UI as SnapIn in AbaSec application

41 2011-06-21