We warmly welcome a new customer to the MACD Community. The Zurich-based bank offers integrated solutions for banking transactions for private and corporate clients. At the beginning of March, MACD implemented connections to SIX Global Fund Services and another partner via the MAX Routing Hub, enabling the bank to automatically trade fund orders as well as equities and bonds via the connected exchanges and brokers.
With the MAX Routing Hub, direct connections to brokers, market participants and buy-side customers, e.g. via FIX or SWIFT, can be realised quickly and easily.
Banque Internationale à Luxembourg (Suisse) has been integrated into the automatic deployment release process for the MAX trading system since the beginning of March. The management service for activating and deactivating rules was also installed.
The new system setup is worthwhile because the integration of the configuration files into the continuous delivery pipeline enables faster, more reliable deployment of new releases and involves much less effort. The majority of MACD customers are already utilising the benefits of automatic deployment in MAX, and further customers are gradually being migrated.
MACD has recently started cooperating with ARTEX MTF, the world's first art stock exchange - and two customers are already benefiting from the new partnership: Helvetische Bank AG and InCore Bank AG successfully went live with a connection to ARTEX at the beginning of March.
The new partnership gives our customers and all interested parties the opportunity to invest in an innovative alternative asset class with immediate effect. For the first time, art stocks can be traded and processed automatically via the MACD software and the existing interfaces to the core banking systems.
George Macdonald, CEO MACD says: "We are delighted to have ARTEX as a very innovative new partner in the MACD network and wish ARTEX every success."
Yassir Benjelloun-Touimi, co-founder and CEO of ARTEX MTF declared: "MACD's technology will enable us to offer Swiss investors the best trading conditions for art as a new asset class."
Mark Dambacher, CEO InCore Bank explains: "We are thrilled to be at the forefront of this pioneering venture with MACD and ARTEX, marking a significant milestone in the financial industry by introducing the world's first art stock exchange."
We cordially invite all our customers and partners to our annual MACD Community Event:
MACD Conference
Thursday, 06 June 2024
1pm - 5pm, followed by Apéro Riche
Zurich University of Applied Sciences (HWZ)
This year, our conference will focus on the topic of exchange-traded derivatives. Antoinette Hunziker-Ebneter, Chairwoman of the Board of Directors of Berner Kantonalbank AG (BEKB) and CEO of Forma Futura Invest AG, will also be a keynote speaker.
Many thanks to 50 people from 22 financial institutions who have already registered!
To register, please send an e-mail with your contact details to:
Our MAX trading system is based on state-of-the-art technology and is constantly being developed further in close cooperation with our customers. In this interview, Lucas Fowler, Head of Software Engineering, talks in detail about the system and its benefits and explains which developments are planned for the future.
You can find the entire interview here:
Manual testing of software requires a lot of time and attention. Not all errors are recognised immediately by the testers. With the new Business Oriented Testing (BOT) service, banks can save time, minimise risks and also avoid misunderstandings when testing new systems and functions. This is because the module performs automated tests much faster and more efficiently and documents the system behaviour very precisely.
You can find more information here:
Since January 2024, MACD has published official guidelines for the use of generative AI tools (artificial intelligence) in the workplace. With the new Artificial Intelligence Policy, we are creating awareness of the security risks and providing all employees with clear rules for the responsible use of technology. After all, our top priority is to protect customer and company data in accordance with legal requirements.
Further information about MACD and our products & services can be found here: www.macd.com
If you have any questions or suggestions, please feel free to contact us at macdnewsmacd.com.
