Commerzbank Corporates and Markets (CBCM) Implements Aleri Platform for Automated Forex Pricing
Commerzbank Corporates and Markets (CBCM) has implemented the Aleri Streaming Platform as the basis of their new foreign exchange pricing application. Leveraging the Aleri Streaming Platform, CBCM’s “FX Pricer” analyses a host of real-time information, and applies proprietary tick-by-tick validation logic and data cleansing algorithms. The engine calculates CBCM’s prices using a variety of Aleri functions as well as auditing all data and events. The calculated prices are interactively managed by CBCM’s FX traders who have the ability to control the Aleri streams using an in-house developed user interface.