Project PortfolioFrançois Bourcier
FOR MORE THAN 14 YEARS, I HAVE DELIVERED A WIDE VARIETY OF PROJECTS FOR THE CAPITAL MARKETS INDUSTRY
Fixed-price project management
Sample deliverables
The architecture and high level design of the application has been performed iteratively and in parallel through themed workshops. Using an offshore delivery center, it is recommended to apply standard architectural & design patterns. Delivery should be phased so each delivery feeds with requirement updates the following delivery.
Green-field clearing platform implementation situation
Sample deliverables
Objectives of the project were to identify a migration approach for each type of data through the implementation of a toolset to migrate and reconcile information from legacy systems to the new Murex platform.
Each migration rehearsal corresponds to a cycle of validation by the Risk Department and concludes in the dress rehearsal of the phase (with one phase per legacy system).
Data migrations for FO/Risk system rollout situation
Functional Specification& Interface Contracts
Secure Web Application
Mutualized Architecture
User Management
user roles and their settings
AdminModule
manage users, their settings and
their session
Alerts & Notificationsall system alertsCOSMOS
Algorithm
Reportingenables generating
the necessary reports
Batch Data Management
user defined parameters for
batch
Exception Managementsystem run time exceptions at all
levels
Loggingmulti level
logging of system data
Infrastructure Components
Simulation Facility
Functional Components
SchedulerThis handles the
Cron jobs in a prioritized manner
Securityauthorized users to use the SF system
Related Systems
ReportingDatabase
Repository of historical data
LDAPDirectory of
business users
Super User
Create batch
View batches
Modify batch
<<include>>
Integrated Reporting Tool
Data Migration Strategy
and Team SetupTrades Bonds
Date of data reconciled 23/08/2013 20/09/2013Date of data reconciliation 08/11/2013
CP/CD SUMMARY
(Statics) TOTALS
TOTAL to migrate 1856 752 2293 90 76 9863 14109 18 1657 557 15 137Upload (Full scope)
Attributes reconciliation
98.2% 99.2% 98.8% 100.0% 100.0% 99.9% 99.9% 100.0% 100.0% 100.0% 100.0% 100.0%
Functional reconciliation (Cashflow)
99.8% 97.3% 100.0% 100.0% 100.0%
Functional reconciliation (Market Value)
89% 100% 87% 91% 100% 100% 100% 13% 100% 38%
Bonds (Trades)
Swaps (IRS) RepoFutures
(Positions)LB
Bonds(Statics)
100% 100%
CP/CD (Positions)
100%100% 100%
83%
100%100%100%
100%100%
99%
100%100%
100%
100%
FXSWAP MMBSB FRA
Data Acceptance Reporting
Stream Dashboard, Project Plan, Milestones,
KPI and Risk Log
ID Task Name Start Finish
1 Milestone View Tue 02/10/12Tue 08/10/13
2 Requirements Mon 08/10/12Thu 20/12/12
3 Murex scoping Tue 06/11/12Tue 06/11/12
4
5 Interfaces Mon 08/10/12Mon 10/12/12
6 REQ Interfaces requirements Mon 08/10/12Mon 10/12/12
14
15 Reporting Thu 15/11/12Fri 07/12/12
16 REQ Reporting requirements Thu 15/11/12Fri 07/12/12
30
31 Migration Fri 16/11/12 Thu 20/12/12
35
36 Design Tue 02/10/12Fri 01/03/13
37 Murex Tue 02/10/12Mon 25/02/13
38 DES Murex design Tue 02/10/12Mon 25/02/13
45
46 Interfaces Mon 12/11/12Fri 01/03/13
47 DES INT Drop 0 "Referentials" Mon 12/11/12Wed 19/12/12
50 DES Drop 1.1 design Wed 28/11/12Wed 28/11/12
51 DES Drop 1.2 design Fri 21/12/12 Fri 21/12/12
52 DES Drop 1.3 design Mon 07/01/13Mon 07/01/13
53 DES Drop 1.4 design Tue 01/01/13Tue 01/01/13
54 DES Drop 1.5 design Fri 01/03/13 Fri 01/03/13
55
56 Reporting Wed 31/10/12Mon 07/01/13
57 DES Datamart (design, development, setup) Wed 31/10/12Mon 07/01/13
73
74 Build Mon 29/10/12Wed 22/05/13
75 Murex Mon 29/10/12Fri 15/03/13
76 MX Drop 0 "out of the box, installed" Mon 29/10/12Mon 29/10/12
77 MX Drop 1 "pre-configured, installed" Thu 17/01/13Thu 17/01/13
78 MX Drop 2 "end-user customizations" Fri 15/03/13 Fri 15/03/13
79 Interfaces Mon 21/01/13Wed 22/05/13
80 BLD INT Drop 0 "Referentials" Mon 21/01/13Fri 08/02/13
83 BLD Drop 1.1 & 1.2 build "Intraday" Fri 15/03/13 Thu 21/03/13
86 BLD Drop 1.3 & 1.4 build "End of day" Fri 29/03/13 Thu 11/04/13
89 BLD Drop 1.5 build Wed 22/05/13Wed 22/05/13
90 Reporting Thu 21/03/13Fri 12/04/13
91 BLD Reporting "Intraday" Thu 21/03/13Thu 21/03/13
92 BLD Reporting "End of day" Fri 12/04/13 Fri 12/04/13
93 Migration tools Thu 20/12/12Fri 03/05/13
94 BLD Migration tools Thu 20/12/12Fri 03/05/13
98
99 Migration Wed 09/01/13Fri 14/06/13
100 MIG Static Data migrated for MX perf test Wed 09/01/13Wed 09/01/13
101 MIG Complete migrated data - Corp. & CDS Mon 25/03/13Mon 25/03/13
102 MIG Complete migrated data - Corp. & CDS - User validated Fri 05/04/13 Fri 05/04/13
103 MIG Complete migrated data - Govies & Repos Wed 22/05/13Wed 22/05/13
104 MIG Complete migrated data - Govies & Repos - User validated Fri 14/06/13 Fri 14/06/13
105
106 Tests Mon 21/01/13Fri 09/08/13
107 System integration tests Mon 21/01/13Fri 14/06/13
108 SIT Cycle A "Set-up and construct smoke test" Mon 21/01/13Fri 15/02/13
109 SIT Cycle B "Static data" Mon 18/02/13Fri 15/03/13
110 Corp. & CDS - SIT Cycle 1 "Intraday" Thu 21/03/13Wed 03/04/13
111 Corp. & CDS - SIT Cycle 2 " End of day" Thu 11/04/13Wed 24/04/13
112 Corp. & CDS - SIT Cycle 3 "Fix non-regression" Mon 20/05/13Fri 31/05/13
113
114 Govies & Repos - SIT Cycle Mon 03/06/13Fri 14/06/13
115
116 SIT Performance 1 Fri 08/02/13 Thu 21/02/13
117 SIT Performance 2 Mon 20/05/13Fri 31/05/13
118
119 User acceptance tests Mon 25/03/13Fri 09/08/13
120 Corp. & CDS - Data user validation Mon 25/03/13Fri 05/04/13
121 Corp. & CDS - UAT Cycle 1.a "Intraday" Mon 08/04/13Fri 26/04/13
122 Corp. & CDS - UAT Cycle 1.b "End of day" Thu 25/04/13Wed 08/05/13
123 Corp. & CDS - Fix after UAT Cycle 1 "Intraday and End of day" Tue 09/04/13Fri 17/05/13
124 Corp. & CDS - UAT Cycle 2 "End-to-end" Mon 03/06/13Fri 14/06/13
125 Corp. & CDS - Fix after UAT Cycle 2 "End-to-end" Tue 04/06/13Fri 21/06/13
126 Corp. & CDS - UAT Cycle 3 "Final run" Mon 24/06/13Fri 28/06/13
127
128 Govies & Repos - Data user validation Mon 03/06/13Fri 14/06/13
129 Govies & Repos - UAT Cycles 1 and 2 and f ix after UAT Mon 17/06/13Fri 09/08/13
130
131 Go live Sat 13/07/13Tue 08/10/13
132 Corp. & CDS - Go live 1 Sat 13/07/13Sun 14/07/13
133 Corp. & CDS - Go live 2 Sat 24/08/13Sun 25/08/13
134 Govies & Repos - Go live 3 Sat 14/09/13Sun 15/09/13
135 Govies & Repos - Go live 4 Mon 07/10/13Tue 08/10/13
Requirements 20/12
Murex scoping 06/11
REQ Interfaces requirements 10/12
REQ Reporting requirements 07/12
Design 01/03
DES Murex design 25/02
DES INT Drop 0 "Referentials" 19/12
DES Drop 1.1 design 28/11
DES Drop 1.2 design 21/12
DES Drop 1.3 design 07/01
DES Drop 1.4 design 01/01
DES Drop 1.5 design 01/03
DES Datamart (design, development, setup) 07/01
Build 22/05
MX Drop 0 "out of the box, installed" 29/10
MX Drop 1 "pre-configured, installed" 17/01
MX Drop 2 "end-user customizations" 15/03
BLD INT Drop 0 "Referentials" 08/02
BLD Drop 1.1 & 1.2 build "Intraday" 21/03
BLD Drop 1.3 & 1.4 build "End of day" 11/04
BLD Drop 1.5 build 22/05
BLD Reporting "Intraday" 21/03
BLD Reporting "End of day" 12/04
BLD Migration tools 03/05
Migration 14/06
MIG Static Data migrated for MX perf test 09/01
MIG Complete migrated data - Corp. & CDS 25/03
MIG Complete migrated data - Corp. & CDS - User validated 05/04
MIG Complete migrated data - Govies & Repos 22/05
MIG Complete migrated data - Govies & Repos - User validated 14/06
Tests 09/08
SIT Cycle A "Set-up and construct smoke test" 15/02
SIT Cycle B "Static data" 15/03
Corp. & CDS - SIT Cycle 1 "Intraday" 03/04
Corp. & CDS - SIT Cycle 2 " End of day" 24/04
Corp. & CDS - SIT Cycle 3 "Fix non-regression" 31/05
Govies & Repos - SIT Cycle 14/06
SIT Performance 1 21/02
SIT Performance 2 31/05
Corp. & CDS - Data user validation 05/04
Corp. & CDS - UAT Cycle 1.a "Intraday" 26/04
Corp. & CDS - UAT Cycle 1.b "End of day" 08/05
Corp. & CDS - Fix after UAT Cycle 1 "Intraday and End of day" 17/05
Corp. & CDS - UAT Cycle 2 "End-to-end" 14/06
Corp. & CDS - Fix after UAT Cycle 2 "End-to-end" 21/06
Corp. & CDS - UAT Cycle 3 "Final run" 28/06
Govies & Repos - Data user validation 14/06
Govies & Repos - UAT Cycles 1 and 2 and fix after UAT 09/08
Go live
Corp. & CDS - Go live 1 14/07
Corp. & CDS - Go live 2 25/08
Govies & Repos - Go live 3 15/09
Govies & Repos - Go live 4 08/10
Drop 0 ReferentialsDrop 1.0 Stress Test GDMDrop 1.1 Credit Pricer (RT)
Credit Pricer (Outbound)Calypso (RT)E-Murex (Trade inbound RT)
Drop 1.2 Murex GCM (RT)GMI (RT)Phase 3 (RT)ISTAR (RT)TRACE (Murex standard)TZERO/ICELINK (Murex standard)ION
Drop 1.3 CCCOmegaIPREO/eBook (Trade inbound RT)BLOFI / MOCACard - Phase 3
Drop 1.4 LORA & IMATCH FOFO / FOBO (trade EOD)QlikViewGlory (trade EOD)ISMA-TRAXGV Risk (trade EOD)Pirat (Outbound)Safir (Outbound)Pole IRCS-STR-Drp 1.5
Drop 1.5 SUMMIT BO (RT)E-bondsREPO bulk & VCON importLIQUIDFRA / IRS mirroringBB Supertrade
02 09 16 23 30 07 14 21 28 04 11 18 25 02 09 16 23 30 06 13 20 27 03 10 17 24 03 10 17 24 31 07 14 21 28 05 12 19 26 02 09 16 23 30 07 14 21 28 04 11 18 25 01 08 15 22 29 06 13 2009/12 10/12 11/12 12/12 01/13 02/13 03/13 04/13 05/13 06/13 07/13 08/13 09/13 10/13
Murex 3.1 projects
STP BusinessScenarioDesign
Planning of editor’s intervention
As part of IT rationalization, some users were facing a new situation for
their migration to new systems. Decision was made to provide a
consistent view of equity, fixed income and securities lending positions
in a single place. Murex was the best option to support this aim through
an “horizontal” integration with peer systems to impact new trades and
trade events.
Consolidation of positions in Murex situation
File ProcessingBusinessScenarioDesign
Sunday Monday Tuesday Wednesday Thursday Friday SaturdayWM WM WM WM WM WM
Deployment Deployment Deployment Deployment Deployment DeploymentWM WM WM WM WM WM
Run Run Run Run Run RunTIBCO TIBCO TIBCO TIBCO TIBCO TIBCO
Deployment Deployment Deployment Deployment Deployment DeploymentTIBCO TIBCO TIBCO TIBCO TIBCO TIBCO
Run Run Run Run Run Run
Result Wrap-up Result Wrap-up Result Wrap-up
App
RV API
App
RV API
App
RV API
App
RV API
App
RV API
TCP/IP Network
Host 1 Host 3 Host 4Host 2
TCP/IP
UDP Broadcast TCP/IPUDP Multicast UDP Unicast
RVD RVD RVDTechnical design and setup
of dedicated injectors, routers, environments
and servers
As part of simplification projects, when Murex becomes a critical platform, it becomes necessary to create an automated testing factory upfront to accompany the transformation project and then the maintenance phase.
This typically encompass user interface tests, functional tests, negative tests, regression tests, configuration tests and compatibility tests.
Murex automated testing factory situation
EUREX CORE SERVICESTRADE MANAGEMENT
CLEARING SUPERVISIONTRADING LOCATIONS
PARTICIPANT SERVICES
EUREX MEMBER INTERFACES
EUREX
NYSE Liffe BRUSSELS
NYSE Liffe LISBON
COLLATERAL ENGINE
RISK ENGINE / EDRE / PRISMA
ENHANCED RISK SOLUTION
FixML Clearing API
COMMON REPORTING ENGINE
VALUES API
MARKETCONTROL
MARKET MONITOR
STATISTICS CONSOLIDATION
PRODUCT DATA MAINTENANCE
MEMBER DATA MAINTENANCE
CASH
MAN
AGEM
ENT
COM
MU
NIC
ATIO
N
MEM
BER
COM
MU
NIC
ATIO
N
NYSE Liffe AMSTERDAM
NYSE Liffe PARIS
EUREX
EEX
SUPPORT SERVICES
@X - GUI
CARMEN
CASH MANAGEMENT
TRAD
ING
LOCA
TIO
N
COM
MU
NIC
ATIO
N
PROPRIETARY
FixML
MISS/VALUES
DWH
PRICES
POSITION MANAGEMENT
POSITION ACCOUNT TRANSFER
TRANSFER btw MEMBERS
CORPORATE ACTION
POSITION CLOSE-OUT
LIFFE GUARDIAN
DELIVERY POSITION MAINTENANCE
DELIVERY PROCESSING MANAGEMENT
CCP
DvP SETTLEMENT MANAGEMENT
COMMODITY DELIVERY POSITION
LEGACY INTERFACES
SAP
GERMAN LEGAL REPORTING
StatistiX
POSITION POSTING
GIVE-UP / TAKE-UP
TRADE ADJUSTMENT
LEGEND
CONFIGURATION
FUNCTIONAL CHANGE
NEW LOCATION
service
groupfunction
OUT OF SUBSTREAM SCOPE
TRADING
TRADE CAPTURE
TRADE CANCELLATION
CCP COMMUNICATION COMMODITY DELIVERY COMMUNICATION
EXPIRY / DELIVERY
NOTIFICATION / ALLOCATION
COMMODITIES PHYSICAL DELIVERY
EXPIRY
EXERCISE / ASSIGNMENT
RISK MANAGEMENT
SETTLEMENT PRICES UPDATE
UNDERLYING PRICES UPDATE
RISK POSITION DETERMINATION
COLLATERAL MANAGEMENT
COLLATERAL ACCOUNT EVALUATION
MARGIN CALLCALCULATION
COLLATERAL ACCOUNTS UPDATE
VARIATION MARGIN CALCULATION
MARGIN REQUIRE-MENTS CALCULATION
Functional impactson clearing services
Technical impactson interfaces
Impacts on lifecycle and on client profiles
Sample deliverablesSample deliverables
Right-shoring activities
While driving IT transformation projects to ensure renewed capacity to address business expansion, talent pool for system maintenance may require to be optimized through different paradigms:. Team extensions. Service Centers. Managed Services
Outsourced team management situation
Costs of IT and Operations was 20% of the cost base in 2005 and has reached 30% in 2013 for investment banks. It is possible to enhance and mutualize existing services to generate additional savings by partnering more strongly with service providers. Aim is to keep such costs in-line with competition mostly for Tier-2 banks needing to expand their “flow” business.
Capital Markets Post-trade Utility situations
Sample deliverablesSample deliverables
Weekly Progress Report
Activities Priority and Forecast
Delivery Lifecycle
Change Documents
Mutualization of opportunities by area
Infrastructure Deployment
Softw. Package Deployment
Operational Deployment
Governance Deployment
Infrastructure Deployment
Softw. Package Deployment
Operational Deployment
Governance Deployment
Infrastructure Deployment
Softw. Package Deployment
Operational Deployment
Governance Deployment
Infrastructure Deployment
Softw. Package Deployment
Operational Deployment
Governance Deployment
LEVEL 0
Client-specific
LEVEL 3
FIS Post-trade Utility
LEVEL 2
Standardized Service
LEVEL 1
Mutualized Service
Financial benefits
Maturity Level
Savings through productivity improvements of shared
resources
Savings through use of standard processes
Economies of scale
ExecuteSingle client
Bank A Service O
Bank C Service M
Commoditize
Bank B Service O
Bank C Service O
Bank B Service O
Bank B Service M
Bank A Service M
Bank D Service M
Break silos between clients - Standardize
Bank D Service N
Mutualize multiple clients
Bank E Service M
Bank A Service N
Progressive deployment and
benefits
Transformation project cards(to enable savings)
Project Cost
COST: Effort estimates (total) 540 md incl. 400 md IMAGO
COST: Hardware estimates (new units) 200 k€ (21 servers)
COST: License and maintenance fees 100 k€ / Year for Xpress NG maintenance
SAVINGS: Maintenance FTE 0
SAVINGS: Hardware 0
SAVINGS: License and maintenance fees 0
Misc.+ 0.5 FTE dedicated to Test factory maintenance+ 1.5 FTE dedicated to Xpress NG maintenanceSome FTE to be allocated by CACIB to EFIRA maintenance
man-daysTeam Role 2014 Q4 2015 Q1 2015 Q2 2015 Q3 2015 Q4 2016 Q1 2016 Q2 2016 Q3 2016 Q4 2017 Q1 2017 Q2 2017 Q3 2017 Q4 Total
FIS_OnS PMO 21 38 2 0 0 0 0 0 0 0 0 0 0 50
FIS_OffS Architect 5 45 3 0 0 0 0 0 0 0 0 0 0 53
FIS_OnS BA 25 22 0 0 0 0 0 0 0 0 0 0 0 48
FIS_OffS Dev 42 112 6 0 0 0 0 0 0 0 0 0 0 160
FIS_OffS Test_Factory 21 56 3 0 0 0 0 0 0 0 0 0 0 80
CACIB ITS 26 70 4 0 0 0 0 0 0 0 0 0 0 100
CACIB BA 5 2 0 0 0 0 0 0 0 0 0 0 0 18
CACIB CibML_exp 11 21 1 0 0 0 0 0 0 0 0 0 0 32
CACIB Split Dev 0 0 0 0 0 0 0 0 0 0 0 0 0 0
CACIB Split Test 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total by quarter 156 366 18 0 0 0 0 0 0 0 0 0 0 540
Xpress NG Core(EFIRA NG)
StandardFinancial
Data ModelFpMLEngine / Router
Entry Pointto FIS Services
Utility data
FIS ServicesPortfolio FIS Data
DictionaryServicesDirectory
Standard Service 3
Standard Service 1
Standard Service 2
Standard Service ..
StandardMonitor
EFIRA Monitor
Xpress NGAdapters
FpML
CibML
BankYXML
CACIB data
Bank Y data
Application A
Application YC
CACIBformat
Bank Yformat Application YF
Application YD
Application KApplication GApplication B
Architecture activities
To finalize a product selection process, a benchmarking of short-listed
solutions allows to guarantee compliance, resilience and support quality
from the software vendors. It also allows to demonstrate performances
without necessarily establishing a guarantee on performances.
Product benchmarking situation
As part of a merger, the systems and operational processes to be retained are first selected. However, once this is done clients being transferred from previous services to the new ones must be managed. It is necessary to perform a review of changes that will be necessary from clients, changes necessary from operations and changes necessary from IT. All this needs finally to be validated at a regulatory and legal level.
Post-merger impact study situation
Sample deliverablesSample deliverables
Test Results and Screenshots Reporting (HP Quality Center)
Automated Testing Tool enhancements and setup
Test Definition Enrichment
Mur
ex D
eal I
nput
Feed
into
Mur
ex fr
om L
eadi
ng S
yste
m
Bloo
mbe
rg (I
nter
face
)
Stoc
kLen
d Sy
stem
(Int
erfa
ce)
UL
Link
(Int
erfa
ce)
Xetr
a (T
rade
Ent
ry)
Eure
x or
LIF
FE (T
rade
Ent
ry)
Trad
e Fe
ed B
roke
r (In
terf
ace)
DW
P - W
P2 (I
nter
face
or
Prin
ter)
SEBI
S (P
rint
er)
Kond
or+
(Inte
rfac
e)
Pric
ing
(AH
S fo
r EO
D)
Pric
ing
(Reu
ters
for
RT)
Trad
e En
try
in M
urex
Trad
e V
alid
ation
/ T
rade
Wor
kflow
Que
ry
Secu
riti
es In
vent
ory
Liqu
idit
y
Blott
er
Intr
aday
Rep
orti
ng -
Risk
Intr
aday
Rep
orti
ng -
P&L
Confi
rmati
on/
Tick
ets
MPC
C
MLC
Logi
cal P
acka
ge ID
Ass
ignm
ent
Fixi
ng
Exer
cise
Expi
ry /
Ter
min
ation
(EO
D)
Mod
ify
Forw
ard
Rest
ruct
ure
Acc
ount
Clo
sing
Rate
Am
endm
ent
Secl
endi
ng A
gree
men
t
Canc
el
Canc
el &
Rei
ssue
Products
Sec Fin Stock Loan Borrow Bond X T X X X T T X X X T T T T TStock Loan Borrow Equi ty X T X X X T T X X X T T T T TRepo Bond X T X T X T X X X X T TRepo Equi ty X T T T T T T T T T T T T T T T T T T X T X T T X T TBSB Bond X T X T X T X X X X XBSB Equi ty X T T T T T T T T T T T T T T T T T T X T X X X T T
EQD ET Cas h Equiti es Equi ty X T T T T T T T T T T T T T XOTC Cas h Equiti es Equi ty X T T T T T T T T T T T T T X T TOTC Equi ty Swaps Equi ty X X X T X X X T T T T T X X X X XEx Tr Eq Future Equi ty X T T X T T T T X X T TEx Tr Eq Opti ons Equi ty X T T X T T T X T X X X T XOTC Eq Futures (LIFFE) Equi ty X X X T T T T T T X X X X X X XIR Futures Rate X T T X X T T X X X X
IRD Cas h Bond Bond X T X X X T X X X XEx Tr Bond Futures Bond X T X X X T X X X X XEx Tr Bond Future Opti ons Future X T X X X X T X X X X X XOTC Bond Futures Bond X T X X X T X X X X X
Cash Loan Borrow Cas h X T T T T T X X T T T
X: This Functionality/ Process/ Activity applies to the l isted product
T: This Functionality/ Process/ Activity applies to the l isted product and is in scope for UAT
Other Systems and Trade Transmission
Mx EventsMx Deal Lifecycle
Field name Screen name
Field reference
n°
Enumerated
Field name target
structure
Field description
target structure
Sample value in
target field
Format of target field
1 /MxML version="1-1"/events/mainEvent/action action insertion2 /MxML version="1-1"/events/mainEvent/object href="#new_contract"/objectNatureobjectNature contract3 /MxML version="1-1"/events/mainEvent/inputBy/userName userName Username used to book the tradeOPEREQ4 /MxML version="1-1"/events/mainEvent/inputBy/group group The group under which the trade will be bookedMX5 /MxML version="1-1"/contracts/contract id="new_contract" mefClass="mxContractISINGLE" mefClassInstanceType="57.000000"/contractBusinessObjectTemplate/businessObjectId/identifieridentifier 3976 /MxML version="1-1"/contracts/contract id="new_contract" mefClass="mxContractISINGLE" mefClassInstanceType="57.000000"/contractBusinessObjectTemplate/businessObjectId/displayLabeldisplayLabelThe name that Murex will display to identify the productIRD Lending Borrowing7 /MxML version="1-1"/contracts/contract id="new_contract" mefClass="mxContractISINGLE" mefClassInstanceType="57.000000"/contractHeadercontractHeader8 /MxML version="1-1"/contracts/contract id="new_contract" mefClass="mxContractISINGLE" mefClassInstanceType="57.000000"/contractComponents/contractComponent/tradeReference href="#trade_23612"tradeReference href="????"#trade_236129 /MxML version="1-1"/trades/trade id="trade_23612" mefClass="mxContractITRADE" mefClassInstanceType="57.000000"/parties/party id="MUREX"/partyNamepartyName MUREX
19 /MxML version="1-1"/trades/trade id="trade_23612" mefClass="mxContractITRADE" mefClassInstanceType="57.000000"/tradeBody/bondLb/templateID/templateLabeltemplateLabel SFMA0121 /MxML version="1-1"/trades/trade id="trade_23612" mefClass="mxContractITRADE" mefClassInstanceType="57.000000"/tradeBody/bondLb/structure/numberOfLegsnumberOfLegsWe will use two legs: one represents the financial definition of the Equity, while the other one represents the information of the trade's fees2
Stock Lend MurexField path target structure
2
3
6
12
13
14
19
Leg 1
29
30
7984
85
87
64
67
58
Leg 2
Markets Exchanges EUREX REPO OTCXETRA EUREX LIFFEStock Lend
DWP
Printer
Fee
d
Rep
ort SEBIS
Printer
Reuters
MDS
Trade capture
DataMart
Bloomberg
Manual
MxMLEXCHANGE
BloombergTOMS
TFB
TFB
UL BridgeEurex & OTC Bond Future Eurex Bond Future Options
OTC & Eurex Bond Repo
Buy Sell Back
Bond Positions
Eurex Equity Future
Eurex Equity Index Future
Eurex Equity Option
Interest Rate Futures
Exchange Cash Equity
Sec Lend Bond & Equity
Equity Forwards
OTC & Exchange Cash Equity
Equity BSB
Equity Repos
Integration architecture decision point
Specification of interfaces(attributes and event map)
Integration and acceptance test reports