Ecetra required a real-time order management system to manage the high trade volumes
Ecetra, a subsidiary of Erste Bank Gruppe was launched as an online brokerage services provider. To be able to support the rising trade volumes, Ecetra wanted to deploy robust IT infrastructure that would be available round the clock. TCS BaNCS for Securities Processing was expected to support its web-trading system for order acceptance, management, and routing operations, and be compatible with internal databases and third-party applications. Ecetra decided to partner with TCS BaNCS to implement a system backed by real-time analytics capabilities and high straight-through-processing (STP).