28Stone and OpenFin Announce Partnership

OpenFin and 28Stone Consulting are excited to announce a new partnership that brings together 28Stone’s application development services and OpenFin’s HTML5 container technology. Today, firms demand trading applications that are highly-performant, beautiful, light-weight and cross platform. 28Stone’s expertise in building HTML5 trading applications and their use of the OpenFin container enables even the most sophisticated platforms to meet and exceed these requirements.

Download 28Stone’s demo here

Please see 28Stone’s post below about their Lithos Matchings Demo and consulting offering.

28Stone’s Lithos Volume Matchings Demo

The 28Stone Lithos Volume Matchings demo application (or LVM) demonstrates our deep knowledge and experience delivering user friendly, highly integrated, session-based trading applications while also showcasing some key features of the OpenFin platform. Recent market conditions are proliferating the use of session based trading (i.e. time bound trading sessions on a given set of instruments at a single, explicitly defined price per instrument) and making the management of these, often simultaneous, sessions difficult for front office traders. The LVM is positioned as a matching session aggregator, providing a single point of contact to any number of matching sessions offered by a variety of venues. The LVM also offers a configurable level of order transparency to traders in each session, ranging from a visualization of open demand on each matching instrument to a completely dark session. Traders have the ability to enter their own demand either directly through the session specific order entry blotter or by using the client-side OpenFin Excel integration to feed prices from a trader’s own position spreadsheet directly into the matching session. The LVM also provides details on fills both in the session aggregated trade book and through the use of real time trade notifications (which closely mimic the feel of an OS style alert; made possible only through the use of the OpenFin container).

The OpenFin container allows 28Stone to leverage the latest HTML5 standards to deliver the richest possible user experience in a Web deployed application without worrying about the complexities and nuances of supporting the often antiquated Web browsers available on traders’ desktops. Targeting this single deployment environment allows 28Stone to keep the LVM code base as simple, nimble and maintainable as possible and significantly reduces both development and testing time. The LVM uses OpenFin’s desktop integration features to create the same multi-window experience and desktop notification functionality that traders are accustomed to with native applications. The LVM seamlessly integrates with Excel via OpenFin’s client-side integration APIs allowing traders to incorporate LVM functionality into their standard portfolio management spreadsheets.

How 28Stone Can Help You

As a full service business and technology firm, 28Stone has expertise in designing and building matching engines and post trade protocols as well as creating user friendly and aesthetically sharp HTML5 web front ends. Through the partnership with OpenFin, 28Stone hope to continue to leverage our capital markets technology experience to assist forward thinking clients deploy next generation applications via the OpenFin platform.

Some other highlights of the 28Stone offering include:

Domain Expertise

28Stone has years of experience working with customers on their fixed income and derivative central limit order book systems, RFQ systems, auction and volume matching systems.

Advisory and Design

28Stone’s decades of experience working with electronic marketplaces help clients achieve baseline functional, regulatory and architectural requirements at a project’s earliest stages through the use of Proof of Concept and Minimum Viable Product workshops.

UI and UX Expertise

28Stone’s User Experience specialists work closely with clients to create intuitive and efficient user systems and interfaces.

Cost Efficient Development and Deployment Capabilities

28Stone’s near shore delivery centers enables us to offer technology expertise at rates nearly half the cost of local resources.