“A Unified Trading Architecture refers to a comprehensive data and trading platform model where all trading systems for various asset classes and process stages (execution, routing, post-trade) are fully integrated enabling the flow of trading data between systems such as risk, positions and orders. This can be achieved using a native multi-asset solution or deploying a backbone normalization architecture to communicate via common interfaces to enable distinct systems to work together. The objective is to provides seamless integration to diverse sets of data (such as reference/master reference data, or market data) and allow seamless workflows between trading systems, eliminating data and operational silos.
Quod Financial uses a Unified Trading Archiecture as its building principle. “