Excelian Luxoft Financial Services Helps Tier 1 Global Investment Bank with Bespoke STP Build as Part of a Modernisation Project

Excelian Luxoft Financial Services are pleased to announce the successful delivery of a fixed price project with a Tier 1 global investment bank. The project, which is part of a multi-year STP programme, will create a series of new Java based gateway connectors to various exchanges, including FIX API messages between the exchanges and the banks propriety trade capture and enrichment platform.


The project will see the retirement of a number of legacy gateway applications provided by various third party vendors and deliver a significant increase in business flexibility as well as reduced OpEx costs for the bank. Not only will the bank have a more efficient and consolidated trading environment but the new connectors, as well as providing functional enhancement to the trade capture platform such as futures aggregation and roll-up functionality, will allow the bank to rapidly on-board new strategic commodity trade types alongside standard exchange products.

The Excelian team on this project comprised of a cost effective hybrid delivery model, using a combination of senior resources based on-site with the client in London, as well as consultants in Excelian’s near-shore centre. The team were responsible for full project lifecycle delivery including functional specification, technical specification and design, coding, integration, testing, deployment, support and obtaining the Exchange ‘certificate of acceptance’ for each connector.

Alasdair Earl, Director in the commodities practice at Excelian, commented “this was a fascinating project to be involved with, not only because of the sheer scale of the banks commodities operations and their connectivity to multiple exchanges, but because of the fixed price and on-shore / near-shore nature of this engagement”.