Trigyn has delivered value added solutions
Ceat Group
Technology Used
  • System was developed using Servlets for the user interface. Business logic is encapsulated inside EJB’s deployed on Weblogic Application server. Oracle 8i. is used for persistent storage. JMS is used for messaging.
Solution Highlights
  • Eliminates problems faced by investors in remote locations as access to information is uniform. Simple dial-up connection required for trading.
  • Enables Dealer to decide the priority for investors by reviewing their trading history and concurrently chat with two investors, while keeping others on hold
  • Real Time inventory tracking.
Customer Needs
Ceat required an online trading system to publish its Bid/Offer quotes for Fixed Income instruments, mainly Central Government securities.
Our Solution
Trigyn developed a single dealer Online Fixed Income Trading System to meet the requirements for online trading. The investors can logon to the site and view the quotes, place an order if the quote matched their requirements. Alternatively, they can enter into a chat with one of the logged in dealers and negotiate for a better quote.

Authorised Dealer can enter new securities for trading and define quotes according to the ranges decided. Existing quotes can also be updated in line with market conditions. Every trade gets validated against available stock. This ensures that short sales do not take place.

This system also interfaces to the legacy Treasury Management (Money Manager) system and enables Ceat to track the status of their inventory. Every trade gets validated against available stock. This ensures that short sales do not take place.