TECH NEWS
Deutsche Börse to provide IT infrastructure for private bank Donner & Reuschel
Since June, Deutsche Börse Managed Services provides the IT infrastructure for the trading platform of German private bank Donner & Reuschel. These services enable a seamless connection to the trading platforms Xetra and Eurex. The Managed Services form part of Deutsche Börse’s Infrastructure Services offer, which comprises licensing, hosting and maintenance of Deutsche Börse applications and infrastructure elements to external clients.
July 1, 2016
Since June, Deutsche Börse Managed Services provides the IT infrastructure for the trading platform of German private bank Donner & Reuschel. These services enable a seamless connection to the trading platforms Xetra and Eurex. The Managed Services form part of Deutsche Börse’s Infrastructure Services offer, which comprises licensing, hosting and maintenance of Deutsche Börse applications and infrastructure elements to external clients.
Deutsche Börse will assume administration of the IT infrastructure and hosting for Donner & Reuschel in its data centres. In addition to connecting to its own trading platforms Eurex and Xetra, network connectivity will also be extended to bank end users and additional third-party providers. “Deutsche Börse provides our Capital Markets area with a comprehensive financial IT solution, guaranteeing us full compliance with the heavily regulated German financial market,” said Markus Neuburger, head of Equity & Derivatives at Donner & Reuschel.
All services will be provided in Germany and are part of a long-term cooperation between Deutsche Börse Managed Services and pdv Financial Software GmbH for provision of the DECIDE pdv software solution for securities trading. Reinhard Wienke, managing director of pdv Financial Software, said, “The strategic partnership between pdv and Deutsche Börse Group enables us to offer our financial sector clients a comprehensive IT solution of software to support the entire financial market process chain from trading to settlement, application hosting and network connectivity. We look forward to strengthening this collaboration further in the future.”
“We are very pleased that this collaboration with pdv Financial Software allows us to offer the company’s trading software solutions via our data centres. Donner & Reuschel’s use of our Managed Services with its connection to Xetra and Eurex is a good example of how we can enable seamless access to our trading platforms,” said Holger Wohlenberg, Managing Director of Deutsche Börse Market Data + Services.
About Deutsche Börse Managed Services
Deutsche Börse Group provides IT Hosting and Managed Services to customers via Clearstream Services S.A., founded in Luxembourg in 1970. Clearstream Services, a fully integrated Deutsche Börse Group entity, employs more than 600 IT specialists and runs one of the largest IT operations in Luxembourg. It has been offering IT Hosting and Managed Services since 2004, when it was awarded the status of “Professionnel du Secteur Financier” (PSF) from the Luxembourg Ministry of Finance. These Managed Services form part of Deutsche Börse’s Infrastructure Services offer, which comprises licensing, hosting and maintenance of Deutsche Börse applications and infrastructure elements to external clients. The Infrastructure Services department is part of Deutsche Börse’s Market Data + Services area. More information is available at www.mds.deutsche-boerse.com.
About Donner & Reuschel
This private bank, founded in 1798, based in Hamburg and Munich specialises in banking services for private clients, entrepreneurs operating their own businesses and institutional investors. Its suite of solutions ranges from bank and securities account services to strategies for sound asset generation, risk-optimised investment, capital market access and financing solutions, to pensions and development of customised asset transfer planning.
About pdv Financial Software
pdv Financial Software GmbH is an independent software vendor based in Hamburg with over 15 years’ experience in developing high-tech software products for securities trading. Its core product DECIDE is the leading trading, positions and risk management system of German securities brokers.