Despite the difficult conditions caused by the corona virus, we are still able to operate, monitor and further develop our systems without any restrictions. Our systems are also able to process the greatly increased order volumes resulting from the high market volatility.
Security has top priority: MACD Core Services run via our Swiss dual-site data center and are available to all home office employees via secure VPN connections.
George Macdonald, CEO MACD: 'Thanks to the commitment and flexibility of our employees, the switch to home office two months ago worked without any significant incidents and is now running almost without a hitch.
On behalf of the entire team, I would also like to take this opportunity to thank our customers for their loyalty. Our partnership-based and often long-standing relationships help us to master this difficult situation together. Please do not hesitate to contact us if you have any questions.'
Our customer Reichmuth & Co Privatbankiers successfully started with the first version of our new MAX Order Management System. Further extensions are planned for 2020.
Christof Albrecht, Head of Trading, Reichmuth & Co Privatbankiers: 'As always, the MACD team looked after us very well and responded to our wishes. We are very satisfied with the MAX trading system, which includes tried and trusted functionalitiesas well as future-oriented technical developments.'
Kurt Meister, COO MACD:'At this early stage of MAX's development, close cooperation with customers is particularly important. I would like to thank Reichmuth & Co Privatbankiers for the great support they have provided as a pilot client. With their valuable feedback, the bank helps us to advance MAX in the interest of our customers.'
MAX combines the best of GLOX and XKYTE on a new forward looking platform. Advantages are for example the choice between hosting or standalone installation, easy access to MACD Network Services for all customers and more efficient connection of new customers and brokers.
We warmly welcome Millennium Banque Privée, based in Geneva, to the MACD network!
George Macdonald, CEO MACD:'We are very pleased to be present again in French speaking Switzerland. The bank will be one of the first customers to receive our new MAX trading system including hosting service this year. We thank Millennium Banque Privée for their trust and look forward to working with them!'
22 ESPRIT network banks successfully went into production with the connection to four MACD brokers. The connection to another MACD broker will follow in the next few weeks.
The benefit is that it simplifies the connection from the ESPRIT clients to their brokers and they now can quickly implement new business needs.
Our client Zuger Kantonalbank went live in September 2019 with a connection to the Finnova banking system and two brokers for global securities trading.
In a second phase, this was followed by the first connection of an external asset manager (EAM) via the MACD infrastructure. The connection of a further asset manager is in progress.
If you want to learn more, read the blog by Tomas Fort:
Efficient Connection of Financial Players
Our client Luzerner Kantonalbank successfully went live as a new issuer on the Vontobel platform for structured products. MACD worked closely with LUKB, Vontobel and Information Performance to provide the connectivity to the deritrade platform from the MACD quoting and OMS platform.
