Since the initial hype, application service provision (ASP) has emerged as a seminal concept. The operation of an application for many parties creates synergies a single participant could never achieve by himself. The common facilitation of one single infrastructure reduces operational costs, puts the investment effort on many shoulders and, at the same time, provides a higher quality of service.

Powering exchanges

With Xetra® and Eurex® we have developed the leading trading and exchange systems for the cash and derivatives markets worldwide. Both Xetra and Eurex are benchmarks for security, availability and performance in trading.

We offer full operation of both applications to third-party exchanges as ASP solutions. Thus we create synergies that result in substantial cost benefits. These benefits enable us to charge prices that are significantly lower than the cost of in-house development and operation. 

And there is more: via the international trading network with over 1,000 Xetra and Eurex installations in more than 20 countries, we provide each new exchange with an opportunity to expand their customer basis, thus increasing the liquidity of their market. This is a particularly attractive option for small and medium-sized stock exchanges: information technology is available to a great extent, making exponential growth calculable.

Among the large number of customers – who are already convinced by the advantage of the Xetra/Eurex ASP solution of Deutsche Börse IT – are the European Energy Exchange (cash and derivatives market), the Irish Stock Exchange (cash market) as well as the Wiener Börse AG (cash market).

Powering the financial industry

Our certified ASP solution for the SWIFT Service Bureau offers you a cost-effective gateway to the SWIFT network. Our services permits you to forego a variety of complex activities – also as regards upcoming innovations such as SWIFT-Net Phase 2 (PKI-encryption), TARGET2 etc.

With the introduction of the cross-market and cross-currency Vestima+ Service, we have for the first time made available an automated, electronic order-routing and settlement platform. The ASP solution enables you to route, execute and control your orders as well as automatically generate instructions for the funds settlement. Vestima+ supports all SWIFT-ISO15022 news formats as well as customized formats on demand.