Tel Aviv Stock Exchange takes control of risks
公司规模
Large Corporate
地区
- Middle East
国家
- Israel
产品
- NaturalONE
- Adabas
技术栈
- Linux
- Eclipse
- Git
- Jira
- Docker
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Productivity Improvements
- Digital Expertise
技术
- 基础设施即服务 (IaaS) - 云计算
适用行业
- 金融与保险
适用功能
- 商业运营
用例
- 过程控制与优化
- 监管合规监控
服务
- 系统集成
- 培训
关于客户
The Tel Aviv Stock Exchange (TASE) is the only exchange in Israel. It provides investors with a reliable and comprehensive trading platform for a wide range of securities and financial instruments including shares, bonds, Treasury bills, ETFs, options and futures for equity indices, options and futures of foreign currency exchange rates. TASE competes for market share with digital-first fintech firms as well as some of the biggest, most powerful exchanges in the world. As Israel is the second-largest home of high-tech startups (next to Silicon Valley), TASE also must compete for IPOs.
挑战
The Tel Aviv Stock Exchange (TASE) was facing the challenge of staying at the forefront of technology to reduce risk, improve capabilities, and achieve non-stop operations. They needed to retain knowledge and critical Natural application development of 20-30 years on back-end systems and implement DevOps to give developers more speed and agility. TASE needed to be able to offer digital services on par with new FinTech firms, while adhering to local and global regulations. It also needed to provide services that compete with the larger first-tier exchanges like Nasdaq®, LSE and NYSE. Its first project was to move its clearing and settlement system based on Adabas & Natural to Linux, where its trading system resides.
解决方案
With the help of Software AG, TASE seamlessly rehosted more than 10,000 Natural programs and Adabas databases that processed more than 300,000 clearing and settlement transactions per day from its legacy environment to Linux. This move reduced costs and minimized risks while keeping the advantages of its tailor-made, mission-critical applications and back-end data. For the next phase, TASE wanted to bring all its programmers together under one DevOps-based architecture. Software AG’s Eclipse-based development environment, NaturalONE, integrated easily with the DevOps environment already being used by TASE’s Java®, C++ and Python® programmers. Now development of new applications and enhancements to existing applications is guided by the same DevOps standards and procedures regardless of programming language or models.
运营影响
数量效益
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