Within the fast paced developing world of financial markets, the need for alternative pools of liquidity is increasing.  This is leading to both the establishment of new trading venues, and enhancements to existing exchanges, systems and processes.  The specific complexities of implementing exchange related solutions demand a systematic and clearly defined approach.

Through our knowledge and experience acquired across a range of exchange related projects, we have created a framework for our clients to achieve efficient, rapid and accurate deployment of change.  LMIG® Exchange is a pre-defined and fully configurable exchange implementation framework designed to reduce the complexity, management overhead and timeline associated with financial trading venue projects.

LMIG® Exchange includes a master set of requirements that have been tailored to both current industry practices and the latest trading technologies.  This approach facilitates the most efficient path to step through every level of the implementation process, from the requirements management perspective through to associated activity execution.

There is no doubt that the specific requirements of each Exchange project will differ. LMIG® Exchange provides the flexibility to incorporate these specifics into the appropriate element of the exchange implementation framework.

LMIG® Exchange has a number of key features:

• Predefined, customisable templates containing Exchange based requirements
• Project Tracking Capability via task orientated sign-offs for all key areas of the project:
• Business Requirements Repository for all internal and external Exchange systems and services
• Test Strategy creation, management and status tracking
• Test data generation
• Automated test execution
• Test results validation via LMIG® reconciliation tool
• Issues and Risks management and tracking
• Report generation
• Market Data Warehousing and Replay

For further information on how LMIG® Exchange can benefit your organisation, please contact us.