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USE CASE

Exchange Billing System​

Home » Use Cases » Exchange Billing System​

Pricing scenario modelling for a major European Stock Exchange.

Sinara provided enhanced functionality for a billing system running live at a European stock exchange.

Outcome

Business users had access to complex ‘what-if’ functions to let them see the effects of changes to various billing parameters. The system managed multiple products, per customer annual cost caps, discount and rebate schemes.

Sinara worked with the client’s business users to understand the core algorithmic requirement of the billing system. We reviewed the front end of the existing application and some of the past billing reports created by it. We also took a copy of the live database schema to understand the data model. We were then able to recreate the core algorithms in new stored procedures, checking the output against the reports from the live system.

A working prototype system incorporating what-if functions was made available to the business users through a simple web interface. This allowed the business users to change pricing parameters and observe the results in total and per customer billing amounts over a single year.

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Why the markets choose Sinara

  • 35 years’ experience across the trading lifecycle
  • Pre-built trading modules accelerate speed to market
  • Software expertise to customise complex integrations 
  • Everything is 100% supportable and sustainable

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