extent-2016: opening keynote
TRANSCRIPT
London Stock Exchange Group
LSEG Technology
Powering global market infrastructure
Chris Corrado, LSEG COO & CIOJune 2016
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London Stock Exchange Group Page 2
LSEG has 3,500 employees based in 24 cities, delivering services worldwide.
LSEG offices
Source: LSEG
ELITEInnovative Elite Programme inclusive of 23 European countries
19Turquoise is trading in 19 countries, linked to 3 interoperable clearing houses
115Global Primary Markets franchise with companies from 115 countries
40MillenniumIT technology deployed in 40 countries and venues around the world
FTSEFTSE-linked ETFs traded over 25 exchanges worldwide
Introducing London Stock Exchange Group
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We are a leading diversified international exchange and infrastructure group with assets across the entire exchange value chain.
London Stock Exchange Group
London Stock Exchange Group
Real time data
Primary Markets
Cash Equities
Derivatives
Fixed Income
IDEM
RNS
MOT
X2MTechnology
Monte TitoliCC&G
ORB ExtraMOT
LSEDMIDEX
GlobeSettle
Unavista
Hosting and Connectivity
Information Services
Post Trade
Capital Markets
SEDOL
Business Services Academy Events &Studios
In an increasingly competitive global environment, our business is underpinned by technology
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London Stock Exchange Group
Our technology needs to be:• High performance • Low latency• Robust• Resilient• Flexible and cost effective
To achieve the reliability demanded from high availability, mission critical systems the software must be of the highest quality.
Millennium Exchange™
Millennium Surveillance™
MillenniumSOR™
Millennium PostTrade™
Mill
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Flex
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Scal
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Millennium MarketData™
London Stock Exchange Group Page 5
Order Flow
Aggregation Price
Discovery+
Order Execution
Management
Post TradeManagement
Traderpath®
Algopath®
Exchangepath®
SailfishTesting order entry and data mgmt
MinirobotsStress testing infrastructure
DolphinTesting surveillance
ClearTHPost trade testing
ShshaClient activity analysis & forecasty
Load InjectorsSimulates market conditions
LSEG Technology Solutions
Millennium Exchange™
Millennium Surveillance™
MillenniumSOR™
Millennium PostTrade™
Mill
enni
um A
dvan
ced
Plat
form
Ultr
a-Lo
w L
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cy |
Flex
ible
| R
esili
ent
Scal
able
| Lo
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ost
Millennium MarketData™
London Stock Exchange Group Page 6
LSEG Technology :
• Founded in 1996 in Sri Lanka
• Acquired by LSEG in 2009
• Provider of multi asset, low-latency trading infrastructure
• Flexible, resilient, scalable, cost effective solutions
• Deployed with over 40 clients worldwide
• Close to 1000 staff, headquartered in Colombo
• Five year rolling uptime for Tier 1 customers (as at May 2016) : 99.9996%
London Stock Exchange Group
Order Flow
Aggregation Price
Discovery+
Order Execution
Management
Post TradeManagement
Traderpath®
Algopath®
Exchangepath®
LSEG Technology:
• Founded in 1989 in Italy
• Majority acquired by LSEG in 2012
• Based in Isernia, Italy (branches Milan and London)
• Multi-asset class electronic trading platforms for price taking, market making, brokering
• Ultra low latency pre-trade risk market adapters
• Smart order routing for different asset classes
• Co-locatable and distributable algorithmic trading platform for price taking, market making, brokering
• Matching engine for internalization and MTFs
• Post trading deal capture & cross asset margining
London Stock Exchange Group Page 8
SailfishTesting order entry and data mgmt
MinirobotsStress testing infrastructure
DolphinTesting surveillance
ClearTHPost trade testing
ShshaClient activity analysis & forecasting
Load InjectorsSimulates market conditions
LSEG Technology :
• Founded in 2009 in Russia
• Acquired by LSEG in 2015
• UK company with operations in the US and 4 QA & software development centres in Russia (300+ staff)
• Specialist firm focused on functional and non functional testing of systems that process wholesale financial products, particularly market infrastructure
London Stock Exchange Group Page 9
LSEG Technology :
Page 10London Stock Exchange Group
Open Access
• The concept of open access is at the core of our Group's philosophy.
• All of our products and services are available to anyone who wants them – competitors, partners or market participants.
• Technology is no exception.• We currently provide solutions to over 40 market infrastructure
providers around the world. • This list is growing and includes customers covering the full breadth
of market services from frontier markets to tier 1 exchanges and clearing houses.
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Extent 2016
• The LSEG is proud to be hosting the Extent Conference this year alongside the newest tech member of our Group – Exactpro.
• We leverage the Exactpro skills and products to ensure all solutions deployed into our businesses, and our customers' businesses, have been comprehensively tested and are fit for the demands we will place upon them.
• We track leading and lagging indicators including:• Requirements Stability• Compile Quality• QA Coverage
• We hope you will use today's programme to share your own experiences of software quality approaches so that we can all look forward to a reliable future.
• Total Containment Effectiveness• Leaked Defects into Production
London Stock Exchange Group
LSEG Technology
Powering global market infrastructure
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