Technologies

 

Kunde:	Raiffeisen Group
Applikation:	Raiffeisen
Technologie:	C++, JAVA; TCL/TKL, HTML5/JSON

In recent years, the Raiffeisen Group has established itself as the leading retail banking group and third largest banking group in Switzerland. Its strength is its local roots. Today, Raiffeisen customers include 3.7 million Swiss nationals. Of these, over 1.8 million are members of cooperatives and thus co-owners of their Raiffeisen bank.

The Raiffeisen Group provides its individual autonomous Raiffeisen banks with price information for foreign exchange, interest rates (e.g. mortgages) and securities. Together with Dion Global Solutions, soXes has developed a central pricing tool specially for the Raiffeisen Group, which receives, validates and calculates market data from different providers (Reuters, Bloomberg, Sungard etc.). This information is then made available to the different systems (e.g. Avaloq) or the local Raiffeisen banks.

This pricing tool was implemented several years ago and is still in daily use today. Today, soXes takes over the maintenance and support of this application. In addition, changes and improvements are regularly incorporated into the solution within the scope of small projects.

From a technical point of view, the solution consists of a backend (central computer) developed in C++/Java and a frontend developed in TCL/TKL and HTML5/JSON.

 

Kunde:	Mercer Alternatives AG
Applikation:	Mercer
Technologie:	Web2Py, Python , MySQL

Mercer Alternatives AG is an independent Swiss investment advisor for institutional investments in private equity, real estate and infrastructure. With more than 130 employees at its offices in Zurich and Nyon, Mercer is one of the leading providers of pension advice, investment consulting and solutions as well as advice on human capital and compensation management in Switzerland.

The company offers individual advisory solutions and collective investment vehicles, as well as investment controlling and reporting services.

soXes has developed an application for Mercer to calculate the total expense ratio, or TER (Total Expense Ratio). The Total Expense Ratio is a key figure that puts all administrative costs of an investment vehicle in relation to the assets under management.

The calculation basis (funds and their net asset value as well as investors and their units per fund) is imported from a central system via an import interface into the Mercer TER application. In contrast, the management costs are entered manually. Based on this data, the application calculates the total cost ratio per investor for their investments at the touch of a button. The results can be output as PDF or Excel reports and distributed to the investors. A user management function allows the distribution of roles with different authorizations.

The Mercer web application is programmed in Python and the data is managed in a PostgreSQL database.

soXes developed the initial web application in 2013 and since then has further developed the TER application in the context of change requests. In 2019 soXes received a refactoring order. The data model was fundamentally revised in order to better represent fund of fund structures (multi-level hierarchy) and at the same time the technology stack was updated.

With today's solution, calculations are more efficient, significantly faster and easier. This reduces the source of errors and enables significant time savings. The documents are now stored centrally and clearly arranged at the right place and are available at any time. In addition, the proportionate total cost ratio for an investor in complex investment structures can be calculated in the desired level of detail.

 

Kunde:	Hypothekenzentrum AG
Applikation:	Hypothekenzentrum
Technologie:	VBA, ASP.NET, SQL

HypothekenZentrum AG is an operationally independent company of the VZ Group. It specialises in the management of mortgages for private and institutional clients. Its organisation and work processes are lean and computer-supported, which minimises administrative costs and enables it to offer cost-effective financing for mortgage borrowers.

HypothekenZentrum AG is supported in handling of their core processes by a modular application. This is based on an SQL database and is a further development of an old MS Access solution. soXes ensures the maintenance and support of the complex application environment. On the other hand, soXes supports HypothekenZentrum AG in reacting to changing customer requirements by developing extensions or new modules.

Thanks to its specialist knowledge in a wide range of development environments from VBA to SQL and ASP.NET, soXes can not only guarantee the smooth operation of the existing application modules, but also provide individual further development based on the latest technologies.

 

Kunde:	DION Global Solutions GmbH
Applikation:	DION Global
Technologie:	C/C++, Java, TCL/TK, mySQL DB, Oralce, Neartime processing

Dion is a global company active in the technical finance industry. It offers tailor-made solutions for the financial industry. soXes is a development partner of Dion and supports them in the development and integration of software solutions for the financial market. Thanks to the joint cooperation, many projects in this area have already been successfully implemented. These include the integration and development support of X-Gen (a workflow management system) and I-Pricer (a multi-asset-class pricing solution) and RateStream (a dynamic FX and money market calculation engine). Technically, these applications are based on C/C++, Java, TCL/TK, mySQL DB, Oralce and neartime processing.

 

Kunde:	Worldwide Equity Research AG
Applikation:	GoPIN
Technologie:	C#, Windows Presentation Foundation

Bloomberg requests historical market data on securities, evaluates it using various methods and processes it graphically into charts. This data is enriched with statistical data from Lohrmann WER AG, which are integrated into the charts.

The user has the possibility to search for securities either by their name or by their statistical characteristics. It is also possible to create and manage portfolios of these securities. Statistics on various characteristics of entire markets can also be analysed graphically. Daily news and information on current stock market events round off the offer.

 

Kunde:	Interactive Data Managed Solutions AG
Applikation:	IDMS
Technologie:	Outsourcing, PHP, Zend Framework, JAVA Script

Interactive Data Managed Solutions AG (IDMS) offers independent valuations of fixed income securities, a wide range of international reference data and stock market information. These include market data in less than a millisecond for algorithmic and electronic trading applications, sophisticated analysis tools for investment advisors, and customized web-based financial information systems and desktop solutions.  

Currently headquartered in Bedford, Massachusetts, USA, the company employs approximately 2,500 people in its offices in North America, Europe, Asia and Australia and is the global leader in market information and market information systems for the front, middle and back office.

soXes has been a development partner of IDMS for several years and works closely with the IDMS team. Together they have already successfully implemented several projects. Among others, soXes develops individual market information systems directly for IDMS customers.

The different solutions are technically based on PHP, Zend Framework, Doctrine and primarily ExtJS, JQuery highchart (JSON frameworks) on the front end side.

 

Kunde:	Inrate SA
Applikation:	Inrate SA
Technologie:	ASP.NET, MS SQL, Angular, KendoUI

Inrate is an independent rating company and evaluates the environmental and social sustainability of companies, institutions and countries worldwide. These ratings are used to create investment universes and theme indices or baskets that provide asset managers and financial service providers with a basis for making decisions on how to create sustainable and financially attractive portfolios and investment products.  

In close cooperation with Inrate, soXes has designed and implemented a new web solution to create the sustainability ratings and make them available to clients for online download via web account. An MS Access database was replaced by an MS SQL database with web front-end (Angular/KendoUI). The ratings are based on a complex versioned rating model that is scalable through Inrate. The rated investment universe is regularly updated via interfaces to MSCI and Thomson Reuters. For individual clients, data feeds for their core banking system (Avaloq) can be retrieved.

Since the application went live, soXes has been providing maintenance, support and individual development within the framework of a maintenance contract.

One of the main objectives of the new application was to enable analysts to further develop the rating model without IT support. This was achieved through an administration front-end that allows the analysts to adjust the several hundred rating criteria at any time.

Furthermore, completed ratings were to be available for publication in real time.

The ratings are worked on decentrally at several locations in Switzerland and abroad in parallel, which is ideally supported by the web technology.