NASD - FEAS

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Delivering Global Markets
FEAS General Assembly
4 November 2006
Atos Euronext Market Solutions
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AEMS International Capability
Atos Euronext Market Solutions
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Atos Euronext Market Solutions – A Global Partner
Premier European IT
Services Provider
Leading Global
Exchange
•
Atos Euronext Market Solutions (AEMS)
was created in July 2005 to apply the IT
experience within Euronext to a global
customer base
•
We have around 1,200 staff and operate
from five offices around the world:
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London
Paris
Brussels
Amsterdam
Chicago
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Current turnover is in excess of €340
million
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AEMS solutions are located in around 16
different countries throughout the world
•
Our shareholders are financially secure
and recognised as global leaders in their
own industries
50:50 ownership Atos Origin and Euronext
Atos Euronext Market Solutions
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Our Shareholders - Euronext
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Our Shareholders - ATOS Origin
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Atos Origin is an international information technology services company with an
annual revenue in 2005 of over €5 billion
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Atos Origin employs over 46,000 people in 40 countries
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Atos Origin provides consulting, systems Integration and managed operations to
multinational clients in specifically targeted market segments
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Telecom
Financial Services
Public Sector
Manufacturing
Retail and Consumer Products
Oil & Gas
Utilities and Transport
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Understanding AEMS Products
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Products in a Client Centric Context
Exchanges, Clearing Houses, Banks and Intermediaries
Trading Business
Unit
Clearing Business
Unit
Capital Markets
Business Unit
Global Managed Services
Global Sales
Corporate
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AEMS Product Portfolio by Business Unit
Capital Markets BU
Trading BU
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LIFFE CONNECT®
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NSC®
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PAM
Clearing BU
Aramis
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Clearing 21
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Sara
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TRS-CPS
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Syn~
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FID Instruments
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Invest-Deal
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OMSTP
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Investiciel
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Syn~
We provide an end-to-end service from market design through to hosting and operations
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LIFFE CONNECT®
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Since 2001 we have offered our LIFFE CONNECT® software and our managed
services to markets outside the Euronext group
•
In 2003 we developed a LIFFE CONNECT® turnkey solution for TIFFE (now the Tokyo
Financial Exchange)
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In 2004 we launched a fully managed trading technology and distribution service for
the Chicago Board of Trade - implementing the solution in 11 months
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We have since added three other American Exchanges to our US platform Minneapolis, Winnipeg and Kansas City
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LIFFE CONNECT® has also been used for Single Stock Futures and Equity
internalization markets
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These projects show how LIFFE CONNECT® can be applied to different markets,
asset classes and regulatory regimes
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NSC®
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NSC® has the functional breadth to support many types of markets
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Euronext Paris: Equities
Toronto Stock Exchange: Equities
Bovespa: Equities and Equity Option
BM&F: Futures on Commodities & financial products
Chicago Mercantile Exchange: Futures
Boston Options Exchange: Options on Equities
Bursa Malaysia: Futures and Options
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NSC® is supported by a team of 70 analysts, developers and testers based in Paris
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All NSC® clients are standardizing on 2 versions
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V800 series for NSK nonstop
V900 series for Linux
Key focus is on price-performance improvements
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We are actively working with our clients to ensure a migration strategy with minimum
interruptions to market participants
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NSC® Architecture
FIX
Applications
Trader/Broker
Applications
PAM
Traders
Surveillance
Systems
FIX
MMTP
CAP
CAP
PAM
Server
FIX 4.4 or
MMTP
Regulatory
Systems
Access
Control
TCS Trade
Reporter
Static Data (out)
Ø
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PFI Index
Calculator
NSC® Trading Engine
Statistic
Billing
etc
Oracle DB
Trading
SPI
ECO
Clearing &
Settlement
RCE
Oracle DB
Reference & Configuration Data
M&C
Product &
Participant
Management
Market
Control
Settlement &
Price Calculation
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PAM
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A fully featured trading workstation for viewing the market, entering and managing
orders
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Provides customisable functions for
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Point and trade, basket orders and cross trading
Position monitoring, P&L reporting and order history audit
Market watch alerts and tickers
Strategy trading
Delegation
Monitoring and Surveillance
Sales desk integration
Analysis and charting
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Designed by traders to achieve the highest standards of ergonomic efficiency
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Available as a full application or as a web-delivered thin client
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Aramis
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Aramis helps surveillance teams detect
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Market or price manipulation
Insider trading
Front running
Fraudulent or deceitful conduct
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Continuous collection of data with configurable triggers provides real-time alerting
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Predefined and configurable reports reduce investigation time
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Used by Euronext and eight other organisations around the world, including
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Banking, Finance and Insurance Commission Belgium
Bolsa de Valores de Estado de Sao Paulo
Bursa Malaysia
Comissao de Mercado de Valores Mobilarios, Portugal
Dubai International Financial Exchange
Muscat Securities Market
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Other AEMS Products
Capital Markets
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FID – Multi-source collection, checking and rationalisation of market data
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InvestDeal – Integrated portfolio management of high net-worth individuals
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OMSTP – Order management for Banks and Brokerages (using Swift, FIX etc)
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Investiciel – End-to-end order consolidation and routing solution for Brokers
Clearing & Settlement
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Clearing 21 – Clearing and settlement for cash and derivatives on a single platform
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TRS/CPS – Combined post-trade management and clearing for derivatives
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Sara – Integrated transaction management for central securities depositories
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Syn~ – Fast deployment of complex systems using a proven financial rules engine
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Syn~
Defined in
Metadata
Defined in
Java
Proven
Financial Rules
Engine
Syn~
Application
Entities,
Lifecycles,
Rules
Industry
Components
Syn~
Engine
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Graphical application development
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Analysts configure new and
inherited objects and define their
life-cycles
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Code is generated from graphical
analysis screens
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Increases productivity and reduces
time to market
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Provides low-risk deployment of
complex applications
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Order management
Middle office processing
Reference data management
Clearing and settlement
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Product Expansion Roadmap
Brokers & Institutional
Hedge Funds
Exchange
Regulatory
Aramis
NSC®
Retail
Syn~ Reference data
Asset
Management
FID Reference data
Invest
Deal
Exchange Products
Clearing
C21
TRS/CPS
Clearing
GMS
Sara
Capital Markets
Referential Data &
Reporting
Front Office / Pre- Trade
LIFFE
CONNECT®
Trading
CSD
Private
Banking
OMS
EMS / Portfolio Mgt.
Smart Router
Exchange Connectivity
Internalisation
Middle Office
Syn~
Settlements
Investiciel
Settlement
Custody
Network, Hosting, Operations
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Who are our customers?
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AEMS – A Global Service Provider for Capital Markets
Montréal
Casablanca
Toronto
BVM Tunis
Euronext.liffe
ICE Futures
LCH.Clearnet
Euronext
Warsaw
Stock Exchange
Beirut
Stock Exchange
Amman
Stock Exchange
Tehran
Stock Exchange
Winnipeg
BOX
BSX
Minneapolis
CME
CBOT
Kansas City
Board of Trade
BM&F
Bovespa
TSX
DIFX
Muscat Securities Market
Kuala Lumpur
Bursa Malaysia
Other Business Units
• Clearing: 2 clients
• Capital Markets: 26 clients
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A Partnership with AEMS
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Taking advantage of the growing trend in global trading means finding a global
technology partner
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AEMS gives you access to a global organisation that is already known and trusted
by more than 1,000 banks, brokers and trading houses around the word
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Our mutualised investment programme gives you an assured roadmap for trading
and distribution capacity in the future
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Our track record with Euronext, Euronext.liffe, CBOT but also Amman Stock
Exchange & Muscat Stock Market demonstrates capabilities and our dedication to
client service
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We can help you deliver the your markets to new traders quickly, reliably and costefficiently
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This document is proprietary to AEMS and the information contained herein is confidential.
Without AEMS's prior written permission, this document, either in whole or in part, must not be reproduced in any form or by any means or disclosed to others or used for purposes other than its evaluation in this presentation . It may not
be disclosed to any third party even for the purposes of evaluation, except as expressly authorized by AEMS in each case.
Where we have mentioned our Clients by name we stipulate that no contact be made with any such Client without our prior written approval in each case.
AEMS has alliance relationships with third party product and services vendors. As part of many such relationships, AEMS is able to resell certain products and services and/or may receive compensation from vendors in the form of fees
or other benefits in connection with the marketing, technical and other assistance provided by AEMS. By receiving this presentation you acknowledges that such relationships may be beneficial to AEMS and assist in its performance of
the Project.
Any comments on, or opinions stated in this document regarding the functional and technical capabilities of any software or other products proposed or referred to in this document, whether or not expressed as being those of AEMS, are
based on the information provided by the product vendors to AEMS or provided by you and, while AEMS does not have reason to believe that this information is in any way inaccurate or incomplete, responsibility for its accuracy and
completeness does not rest with AEMS.
Whilst care and attention has been exercised in the preparation of this document, it remains subject to contract and all warranties whether express or implied by statute, law or otherwise are hereby disclaimed and excluded.
These limitations are not intended to restrict continuing business discussions between you and AEMS.
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