AZ Management Technology

Post-Trade Derivatives & Securities MODULAR GRADUAL SOLUTION
for Legacy Infrastructures
We offer a safe, deterministic modernization path for derivatives (ETD and OTC) and securities post-trade infrastructure, on both regulated markets and OTC. Our modular solution integrates with or gradually replaces legacy systems (such as COBOL-based IBM mainframes from the 1980s and other legacy cores) with a reliable, EU-regulated, EU-grade, .NET-based platform. It is designed for international capital markets and hedge funds (USA, Europe and beyond) and is addressed mainly to banks, brokers, custodians, clearing members, system integrators and other institutions active in the stock-exchange and derivatives business.

OUR ROLE:
We act as your international business partner for post-trade modernization. We introduce a safe, moderate solution — a controlled and future-proof layer around your existing cores, without disrupting your current infrastructure.
Together with senior IT experts, we support you from the first exploratory discussion through implementation and post-go-live stabilization.​
​​To set up a short presentation or a demo-meeting, please, send an email to:
📩 kate@azmanagement.eu

Key capabilities for post-trade operations:
• ETD & OTC lifecycle processing
• Corporate actions & adjustments
• Margin and cash-flow logic
• Accounting posting
• Automated contract/calendar maintenance
• REST/FIX integrations
• Browser-based UI
• Full auditability
• 100% deterministic logic — no AI​
Looking for a bridge to modern clean architectures, smooth operations, and costs saving?

OUR SOLUTION ALLOWS:
✅ costs savings
✅ gradual rollout of individual modules while your current core legacy infrastructure stays in place
✅ no disruption during the module adoption process
✅ import data-sleeves - automated import of full data sets (historical and current)
✅ significantly reduced operational errors
✅ higher client retention
✅ easier integration with CCPs
✅ faster onboarding of new markets/products
✅ cheaper maintenance
✅ reduced dependency on the shrinking workforce for legacy systems (such as COBOL)
✅ simpler compliance updates
✅ EU-regulated, EU-grade platform
Legacy infrastructures face serious challenges in post-trade operations, including:
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Technical debt & risk concentration
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40–43% of banking systems still run on old infrastructures; a single bank can have hundreds of millions of lines of code
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Knowledge is locked in a shrinking pool of near-retirement engineers.
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Inflexible batch-only post-trade
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Margining, settlement, collateral moves = overnight batch windows.
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Hard to support intraday clearing, real-time risk, cross-product consolidation.
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Regulatory pressure + innovation pressure colliding
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Regulators expect better transparency, stress testing, and resilience.
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Business expects faster product rollout, new ETD/OTC hybrids, and more client-facing analytics — but legacy architectures cannot move fast.
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Costly
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Mainframes remain extremely reliable but expensive to run, especially with high-CPU batch and Adabas/Natural workloads.
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Post-trade operations errors

✅ There’s no need to retire your mainframe – it can remain in place.
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We stabilize the legacy core and modernize around it in a safe, modular way.
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We replace the post-trade layer first – the workflows for ETD & OTC derivatives – and integrate with your existing cores.
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This allows you to decommission legacy modules step by step, with full fallback options throughout the transition.
