SmartBridge is a network system that supports STP for securities trading.
The network connects between institutional investors, brokerage firms, and trustee banks, allowing them to exchange messages such as “ordering/execution”, “execution notification” and “investment instruction”.
SmartBridge also has the functions of “data conversion to back-office systems” and “data matching” as well as network connection to SWIFT’s and JASDEC’s settlement matching systems, all of which are necessary to establish a complete STP platform.
Asset management companies, Broker dealers, Trust banks, Life insurance companies
SmartBridge is a shared ‘application service provider (ASP)’ service offered through application servers at NRI’s data centers.
Messages that can be exchanged using SmartBridge
||Messages can be exchanged using FIX protocol.
|Allocation instruction/execution notification
||Messages are exchanged using SmartBridge’s unique protocol.
||For domestic securities, messages can be sent to JASDEC’s settlement matching system; and for foreign securities, directly to trustee banks.
||Messages can be directly sent from T-STAR/TX to trustee banks.
||Messages from SWIFT can be received.
- Electronic messaging
- Message archiving
- Data matching
- Conversion to back-office systems
- Display settings (display/non-display settings of items; sort-order settings)
- Format settings for importing and saving files
- Settings for code conversion tables