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HP and AtosEuronext release Clearing 21

27 May 2003  |  5282 views  |  0 HP and AtosEuronext release Clearing 21

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.

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