LCH.Clearnet IT Infrastructure Overview

Martin Taylor CIO

Martin Taylor, Group CIO

"At LCH.Clearnet we are committed to delivering secure, safe and reliable technology solutions to our members. We build and deliver industry leading innovative solutions and provide unparalleled expertise to ensure that our clearing members benefit from an efficient, robust and world leading clearing service."

Secure. Safe. Reliable.

Processing 175 cleared transactions per second on average working day.

Supporting the Repo with a monthly nominal value of £6,000,000,000,000 on average.

39 projects delivered between January and June 2009 - delivery of ever faster technology solutions to our members.

Service Availability

Long term average of service availability since go-live

Service availability

LCH.Clearnet - New Business Services

Fixed Income Clearing System (FICS)

LCH.Clearnet’s new system for clearing repos and bonds.

Handles trades with an average value of € 5 trillion per month
Processes running on average every 90 seconds instead of every 2 hours
Depot transfer is 30 times faster
Capacity to clear up to 21,000 trades per day

Nodal

8 new technologies
3600 instruments – more than 400% increase in capacity of price service
Managing 12.6 million prices
Tuned trades emissions up to 83 trades per second
Price service improvements: 40 minutes instead of 7 hours – more than 10 times more efficient
Razor technology provides value at risk (VaR) margining – first market to do so