XELINK

General description

Xelink is a company specializing in capital market technology and broker-neutral market access. The founding members are all experienced professionals of finance and technology, and the company is supported by long term partners such as well established Benelux financial institutions, traditional and emerging Stock Exchanges, financial technology vendors (CEP, OMS, Telco). Our strategy is to develop a unique competence centre that in-source the technology-intensive services related to automated trading strategies and trading risk management thus enabling institutions to fast move to new markets and products. Our core values are trust, integrity, quality and long term vision. We seek to reach excellence with the people we work with and to create beneficial solutions for our clients and partners.

Developed products

Xelink offers a hosted platform and consulting services related to automated trading strategies (algorithmic trading) and risk management using programmatic trading systems. This innovative solution is developed on top of Progress Apama, the market-leading platform for complex event processing, which enabled a fast time to market for institutions active in financial and commodities markets. Xelink platform is available on the “Software as a Service” (SaaS) model to enable access to most European markets, together with expert consulting services for customizing and developing strategies to respond to customer specific requirements. A standard suite of strategies is provided to enable the optimization of execution through pre-trade processing, data aggregation, smart order routing and order slicing or iceberging using intraday or historical analytics. Additional customization and development is proposed to take into account client specific requirements. XeLink consultants have in-depth business and financial product experience to provide customer with responsive support to their timescales. They work alongside the customer staff and take responsibility for project management, business analysis, development and application Configuration, training, on-site support and telephone support. A service level is proposed to cover normal business hours and to provide a level of customization.

Targets and References

Target clients in Continental Europe:

■ Small to mid-size sell-side institutions with their own market access

■ Small to mid-size buy-side institutions with direct market access through brokers

■ Large firms needing consulting services to bootstrap or externalize automated trading strategies

Innovative aspects/Advantages

Xelink platform is a white toolbox with standard trading strategies (Iceberg, Peg, TWAP, VWAP, Percentage of volume, etc.) that incorporate real-time intraday or historical analytics and also probabilistic-based algorithms and mathematical optimization methods that enable complex decision making and risk management. Xelink proposes to its clients a step into automated strategies with custom-made strategies (volatility trading, pair trading, auto-hedging, smart routing, etc.):

■ Without investing into own technology and staff

■ In integration with their current infrastructure and market accesses

■ With the option to in-source the service in a later phase

The benefits for clients are:

■ Leverage on strong expertise and partnerships

■ Access to a proven technology with standard and customizable toolbox

■ Access to a unique Competence Centre for development & support

■ Cost effective solution through the SaaS model