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Oracle Customer Success—Japan Exchange Group, Inc.

Japan Exchange Group, Inc.

Japan Exchange Group Gains Real-Time Trading Data for Margin-Simulation System, Supports Clearing Business Growth, and Enhances Competitive Edge

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Thanks to Oracle GoldenGate’s high-performance data-replication capability, we can provide real-time interest rate and trading position information to our customers and enable them to offer more accurate pricing to their investors. This helped us to gain competitive edge in the international stock-exchange market and support OTC clearing business growth at lower costs.

— Ikuo Minowa, Section Chief, IT Development Division, Tokyo Stock Exchange, Inc., Japan Exchange Group, Inc.

Established in 2013, Japan Exchange Group, Inc. is a holding company for Tokyo Stock Exchange Group, Osaka Stock Exchange and Japan Exchange Regulation and Japan Securities Clearing Corporation. It provides the largest financial-instrument market infrastructure in Asia and ranks as the world’s top three listed companies based on its aggregated market value.

Japan Exchange Group’s medium-term strategy is to expand its stock-exchange business areas by strengthening its over-the-counter (OTC) settlement business over the next year to enhance its competitive edge in the global stock-exchange market.
 
Business Challenge
  • Build a new margin-simulation system that provides real-time interest rate and trading position information and enable customers such as investment banks, to offer more accurate derivatives pricing to investors and reduce warranty-deposit payments
  • Gain competitive edge in the international stock-exchange market by increasing margin-simulation accuracy and attracting more customers to use the system for OTC settlement and increase clearing business revenue
  • Enable bidirectional data transmission between core database and simulation database to minimize disruption to time-critical trading operations while maintaining the same security level
Results
  • Improved customer satisfaction by using Oracle GoldenGate to replicate near real-time trading information in the margin-simulation system instead of using the previous day’s data, as with the legacy system, enabling customers to provide their investors with accurate derivatives pricing—such as futures and options—and save warranty-deposit to invest in other opportunities
  • Enhanced competitive edge in the global stock-exchange market by supporting a tenfold increase in users accessing the simulation system and facilitating OTC clearing business growth
  • Ensured data consistency by using Oracle GoldenGate’s conflict detection and resolution feature to quickly identify and resolve data discrepancies between the core database and the simulation database
  • Ensured smooth trading operations by moving data in bidirectional configurations without affecting system performance, enabling users to reliably and securely access timely trading data thanks to Oracle GoldenGate’s flexible topology support
  • Deployed the new system in just eight months and reduced implementation costs by seamlessly linking the core system with external applications and eliminating the need to rebuild the entire simulation system

Why They Chose Oracle

After examining multiple products, Japan Exchange Group selected Oracle GoldenGate for its near real-time data replication capability between the core database and the simulation database. In addition, the company was very impressed by Oracle’s superior solutions, which met its business requirement to resolve existing data synchronization issues. 
 

We assessed technologies used in the overseas exchange markets but found the cost to rebuild the entire simulation system very high. Only Oracle GoldenGate could deliver the reliability and flexibility we required for the new system at lower costs. We can now completely separate sensitive trading data in the core database from data transmitted to the simulation system for external use without affecting system performance.

— Ikuo Minowa, Section Chief, IT Development Division, Tokyo Stock Exchange, Inc., Japan Exchange Group, Inc.

Execution

Japan Exchange Group formed a project team—including in-house experts and Oracle partner Hitachi Solutions—to build the new margin-simulation system. The company also received superior Oracle support during the implementation to ensure the new simulation system went live smoothly.

“Whenever we encountered issues or difficulties that arose at the site, Oracle provided an appropriate solution and rapidly resolved the issues,” said Minowa. “Oracle’s assistance was key to the success of our project.”

About Japan Exchange Group, Inc.

Headquarters

 
Tokyo, Japan

Employees

 
1,161

Annual Revenue

 
$500 Million to $1 Billion

Oracle Solutions Used

Published:  Oct 27, 2015