SGXClear is the clearing system currently used by Singapore Exchange Limited (SGX) for its derivative products. Launched on 7 December 2009, SGXClear replaces the in-house developed SGX Trade Allocation and Registration (STAR) system, the Trade Dissemination System (TDS) and the Clearing Operations and Risk Evaluation System (CORE).
Ufinity was engaged by SGX to develop and enhance various satellite systems to interface with this new derivatives clearing system.
These Satellite systems are mission critical in nature and some of them include an online trade registration systems (Asiaclear, eNLT), Payment, Pricing Derivation and Reporting subsystems etc.
The project involves multiple platforms, multiple vendors, spanning over 24 months and is one of the largest projects undertaken by SGX.
After the successful launch of the systems, Ufinity was awarded the contract for the support and maintenance and is being engaged for regular system enhancements to help SGX drive its new business directions.View more Success Stories