Feeding Your Complex Curves With Timely and Accurate Data

Challenges in Data Timeliness With Legacy Systems

The customer’s legacy system was an on-premise application rather than a robust multitenant SaaS platform, leading to frequent omissions of key data updates and severely hampering the traders’ ability to accurately feed their curve models. Integrating proprietary data with market data into these models proved challenging. Without the most up-to-date information, traders are essentially “flying blind,” missing critical insights needed to act on market anomalies and resulting in failure to participate in the market. Traders, who are responsible for maximizing profits using their organization’s capital, face high levels of stress and should not have to perform manual, value-added tasks like price input, which is prone to errors. Furthermore, they should always have access to necessary pricing data when needed.