Oracle to Power Deutsche Börse’s New Trading Platform
A Strategic Partnership for Innovation and Growth
Collaboration to Enhance Market Infrastructure and Meet Evolving Trading Needs
Frankfurt, Germany – March 8, 2023 – Oracle and Deutsche Börse, a leading global provider of financial market infrastructure, have entered into a strategic partnership to power Deutsche Börse's new trading platform. The partnership leverages Oracle's advanced technologies and Deutsche Börse's deep market expertise to create a state-of-the-art trading platform that will enhance market infrastructure and meet the evolving needs of participants.
The new trading platform will be built on Oracle's Exadata Database Machine and Oracle Cloud Infrastructure (OCI), providing high performance, scalability, and reliability. It will leverage Oracle's best-in-class database and cloud technologies to deliver a robust and efficient platform that can handle the high volume and complexity of modern trading operations.
The partnership will also enable Deutsche Börse to offer a wider range of innovative products and services to its customers, including advanced analytics, risk management, and market surveillance capabilities. Oracle's expertise in data management, artificial intelligence, and machine learning will be instrumental in developing these next-generation trading tools,
The new platform is expected to be launched in 2024 and will be a significant upgrade to Deutsche Börse's existing trading infrastructure. It will provide a faster, more reliable, and more feature-rich platform for trading a wide range of financial instruments, including equities, fixed income, and derivatives.
"We are delighted to partner with Oracle to power our new trading platform," said Thomas Book, member of the Executive Board of Deutsche Börse. "Oracle's leading-edge technologies and proven track record in the financial services industry will enable us to create a platform that meets the evolving needs of our customers and sets new standards for market infrastructure."
"This partnership is a testament to Oracle's commitment to the financial services industry," said Ariel Kelman, SVP and GM for Databases and Data Analytics at Oracle. "We are confident that our technologies and expertise will empower Deutsche Börse to deliver a superior trading experience to its customers and drive innovation in the global financial markets."
The partnership between Oracle and Deutsche Börse is a major step forward for the financial services industry. By combining the capabilities of two leading technology and financial services providers, the new trading platform will provide a solid foundation for future growth and innovation in the market.
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