HP and AtosEuronext release Clearing 21
27 May 2003 | 5236 views | 0
HP Financial Industries and AtosEuronext have released Clearing 21 version 3.1, a post-trade management and real-time clearinghouse automation solution that clears all asset classes on a single platform.
Clearing 21 is a clearing services solution for all equities, bonds, futures and options and supports both real-time and batch processing. The software runs on HP NonStop servers and provides secure access to trading systems and other institutions through The Hub - AtosEuronext's application-connection and message-switching system.
Owen Kemp, vice president and general manager of HP's global finance industry business unit, says: "Clearing houses and exchanges will benefit from lower operational and system costs, guaranteed data integrity, and no single point of failure."
Clearnet, the Paris-based clearing entity for Euronext, deployed Clearing 21 on HP NonStop servers in January.