REVENUE will be capable of handling multiple exchange or trading venues, each with multiple boards. It will be multi-currency and allow integration with multiple CSDs in respect of the listed symbols.
Our initial target markets will be exchanges and trading venues with up to 25,000 trades per day.
REVENUE will support the creation and gradual integration of regional markets into a single regional exchange.
REVENUE is a new addition to our product range and allows Percival to cover the value chain in any small and medium-sized market where there is no CCP.
Moreover, REVENUE is fully integrated with our DEPEND CSD solution allowing a customer to be confident that the lifecycle of a transaction will be handled from order entry to final settlement and update of the beneficial owner register.
We have designed REVENUE to be of particular appeal to markets that wish to handle multiple exchanges from a single platform, allowing considerable savings in having only one uniform infrastructure.
REVENUE should also appeal to regional markets and will permit each country’s exchange in the region to be implemented on a single integrated infrastructure and to gradually bring the regional exchange into existence in manageable steps.