SmartStream Technologies is live on the new Cboe European Exchange

By Joy Dumasia

SmartStream Technologies, the financial Reference Data Utility (RDU) solutions provider, announces its collaboration and go live with Cboe Europe, a new Amsterdam-based futures and options exchange. SmartStream RDU will make available Cboe Europe data to its clients further bolstering its reference data coverage.

SmartStream RDU will include Cboe Europe data in its Exchange Traded Derivative Service to allow users to mutualise the processes needed to manage the exchange’s data ensuring that all active participants are ready on the day of trading. In addition to the 105 Market Identifier Codes (MICs) currently supported by SmartStream RDU, it will act as a processing agent, managing the complete data lifecycle – sourcing, validation, enrichment, cross-referencing and critically applying cleansing best practices to deliver the highest quality data, in the formats required.

Linda Coffman, EVP, SmartStream RDU, said: “We are delighted to welcome Cboe Europe to our extensive set of listed derivatives data. With this new collaboration, we will be assisting our customers so that they are prepared and trading on day one with access to complete and accurate reference data. With our Exchange Traded Derivatives Service, we will eliminate risk with full coverage reference data for all participants”.

SmartStream is a recognised leader in financial transaction management solutions that enable firms to improve operational control, reduce costs, build new revenue streams, mitigate risk and comply accurately with the regulators. Cboe Global Markets provides cutting-edge trading and investment solutions to market participants around the world. The company is committed to defining markets through product innovation, leading-edge technology and seamless trading solutions.

Recently, IBS Intelligence reported that SmartStream Technologies, the financial Transaction Lifecycle Management (TLM) solutions provider, announced SmartStream Air Version 4, which provides the continuous streaming of reconciliations using the latest AI cloud-native technology.