RBC is rolling out their new single dealer platform, ‘RBC DirectExecution’ (RBCDX), aimed at their corporate and real-money institutional clients.
The platform, commissioned over three years ago has an Adobe Flex front-end, and thus requires the Flash ‘plug in’.
As part of the project, RBC also rebuilt their pricing engine capabilities using Apama CEP FX aggregation technology.
As we have mentioned in previous posts, having people with strong pricing engine capabilities is a prerequisite to building a credible eFX distribution franchise. RBC hired that expertise in the form of Stamos Fokianos (ex Standard Chartered), to drive the project.
Ed Monaghan, Global Head of FX at RBC, has ambitions to become a top ten FX bank (currently they are ranked 18th up from last year’s 20th position in the EuroMoney FX rankings).
The platform will enable clients to trade trade FX, money markets, fixed income and deposits.
Screen shot of the new platform.
EuroMoneyFX News has an interview with Ed Monaghan talking about RBCDX here (sorry password required)
Filed under: CEP, FX, Paul Blank, Rich Internet Applications, Single-Dealer Platforms, User Experience (UX) |
SingleDealerPlatforms.Org 
“…The platform, commissioned over three years ago has an Adobe Flex front-end, and thus requires users to download a plug-in…” –
I think what you meant to say was – requires users to ‘use’ a plug-in they have already. Either that, or you’re posting something that might be true in 2014 or 2015.
Last I checked, nobody yet needs to ‘download’ flash player – it’s still pretty much ubiquitous on 99+% of business desktop PC’s who are likely to run the above mentioned app.
Though I guess the comment does serve Caplin’s best interest, but let’s be honest, nobody’s downloading the Flash plugin just yet.
Hi Paco,
Thanks for reading, and commenting.
Apologies, you are correct, what I meant to write (and have changed it accordingly) was:
…..The platform, commissioned over three years ago has an Adobe Flex front-end, and thus requires the flash ‘plug in’.
Although, as you say Flash Player is installed in most browsers, in many cases admin rights are required to upgrade versions, which may hamper user adoption of some newer Flex apps.
Best Regards
Paul