The TEP Exchange
With the ability to work both online and offline on complex datasets, the trader interface allows the complex pricing structures to be tuned simply and quickly.
iMeta built a system to give the market-makers the ability to manage their prices through a Web Services interface to the trading platform. With the ability to work both online and offline on complex datasets, the trader interface allows the complex pricing structures to be tuned simply and quickly.
The TEP Exchange is a web-based exchange for Traded Endowment Policies, enabling instant deals between market-makers and Independent Financial Advisors (IFAs). This unique environment provides an efficient and user-friendly link between participants in the TEP market.
The TEP Exchange is completely independent and does not buy or sell endowments, but rather facilitates the trading of TEPs through an exchange platform.
Underpinning the site is an extremely large SQL Server database (running to many 100's of millions of rows) that describes how the various market-makers value differing policies. This solution demonstrates how iMeta technologies can scale up to the very largest of back-end systems.
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