Deutsche Bourse to use Percival tech for emerging economies focus

Source: Percival

Percival Software Limited will support global financial market infrastructure provider Deutsche Börse Group in offering a comprehensive capital market technology infrastructure for developed and emerging economies.

Percival’s advanced post-trade software solutions for smaller and medium-sized markets will complement Deutsche Börse’s trading, data distribution and index calculation solutions for the respective markets to provide customers with a cost effective IT solution for all capital market requirements. This includes a full range of advice, services and solutions that markets can use irrespective of their volumes or complexity.

“Transparent financial markets based on modern and stable IT infrastructure are essential for the development and growth of the underlying economies. Deutsche Börse Group has been providing reliable and secure state of the art technology services to the financial industry for decades, helping market participants to meet highest standards“, said Willy Suter, Head of Market Solutions, Deutsche Börse Market Data + Services. “Our collaboration with Percival allows us to broaden our offer for developed and emerging economies to include post-trade services and offer our customers a one-stop solution.”

“We realise we have to address the needs and requirements of emerging economies,” said Dr Chris Richardson, CEO of Percival Software Limited. “In the CSD/CSDR business Percival has had over 30 years’ experience; in addition, we are well aware of budgetary constraints and compliance issues in setting up and operating a capital market in a variety of economies and market models.”

Percival provides customers with the following services:

CSD or CSDR solution (DEPEND)
Registrar & Transfer Agent (RTA) solution (REGARD)
Independent corporate action processing solution (CAPSULE)
Message hub solution (HUBBLE)
High level of user empowerment to provide value added services and integrate with other systems, and generate new streams of revenue
Advice on CSD/CSDR infrastructure and development.

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