Rajiv Shah
Position:
Principal Architect, CTO's Office in R&D
Bio:
Bio:
In a previous post, I described the importance of a financial trade order management system (OMS) and how to accelerate the data-intensive pre-trade validation process. In this post, I will show how GridGain provides similar benefits for the post-trade reconciliation process.What is Post-Trade ReconciliationPost-trade reconciliation occurs after trading hours, when financial institutions have…
Securities trading is one of the foundations of the global financial system, having significant impacts on liquidity, economic growth, and risk management. In turn, financial services firms must be able to execute trades instantly because delays of even a few milliseconds can result in lost opportunities for clients. Today, many firms still experience significant trade processing lag when…