A Trade Capture System That Seamlessly Integrates With the ICE Exchange and Delivers Speed and Precision

Client Overview

Our client is a leading Energy and Commodities Trading Company that is handling high-volume trade data streaming in from external exchanges such as ICE and in-house trading desks. Their business relies on speed, dependability, and timely trade capture, which necessitates a solution with the lowest possible latency, reconciliation of missing trades, and data enrichment prior to interfacing with their CTRM software. They were also looking to modernize operations with real-time dashboards and improve trade lifecycle visibility for both traders and support teams.

Challenges

• Data Latency and Reliability– Needed a low-latency solution to retrieve and process trades from the ICE Exchange in real time with message accuracy and order integrity.

• End-to-End Trade Reconciliation– Needed a system to detect, enrich, and reconcile external and internal trades with seamless integration into CTRM platforms.

Solution

• Cloud-Based ICE and CTRM Integration– Developed an Azure-based architecture with Azure Bus, Functions, and APIs to automate real-time trade ingestion, processing, and syncing with CTRM software.

• Web App for Real-Time Deal Management– Implemented a role-based microservice application with SignalR for real-time updates, trade views that can be customized, admin dashboards, and service monitoring.

Business Impact

• Improved Trade Velocity and Visibility– Decreased manual intervention by 85%, enhanced data enrichment workflows, and facilitated quicker trade settlements through real-time dashboards.

• Empowered Trading Teams– Provided a scalable, user-friendly platform that enabled traders to make faster decisions and provided support teams with a cockpit view to rectify differences more quickly.