The Morning Data Rush
Your start-of-day data is consolidated. But it's worthless until it reaches the hands of your traders, portfolio managers, and risk analysts. Delays or errors in this final mile can have significant consequences.
95%
Of critical trading decisions depend on data delivered accurately before market open.
Who Needs the Data?
A diverse set of critical systems, each with unique requirements, rely on the timely delivery of morning positions and balances. This variety necessitates a flexible and robust distribution strategy that can cater to different data formats and ingestion capabilities across the enterprise.
Common Data Formats by System Type
Integration Method Comparison
Choosing Your Delivery Method
The choice between traditional file-based exports and modern real-time APIs is a critical architectural decision. APIs offer speed and real-time capabilities, while file transfers provide simplicity and broad compatibility with legacy systems. The optimal choice depends on the target system's capabilities and your operational needs.
The Push vs. Pull Dilemma
PUSH Mechanism
The source system proactively sends data to target systems. Ideal for scheduled, automated deliveries.
PULL Mechanism
The target system requests data from the source. Best for on-demand access or user-initiated refreshes.
Workflow in Action: 6:00 AM Delivery
This timeline illustrates a typical automated push delivery. For example, after consolidating data, a platform like PositionBridge pushes an updated positions file to a hedge fund’s trading system, ensuring traders see up-to-date holdings the moment they log in.
5:30 AM: Consolidation Complete
All positions and balances from custodians and prime brokers are reconciled and finalized.
5:45 AM: Data Transformation
Consolidated data is transformed into the specific formats required by each target system (e.g., OMS-specific CSV, JSON for dashboards).
6:00 AM: Automated Push Delivery
The platform pushes the formatted data files and API payloads to all subscribed downstream systems.
6:05 AM: Delivery Confirmed
Monitoring systems confirm successful delivery to all endpoints. Ops teams are alerted to any failures.
Best Practices for a Robust Pipeline
Reliable Scheduling
Implement resilient, automated scheduling to ensure data delivery occurs at the same time every day, without manual intervention.
Comprehensive Monitoring
Track every delivery for success or failure. Proactive alerting allows operations teams to resolve issues before they impact business.
Granular Permissioning
Ensure systems and users only receive the data they are authorized to see. Control access to sensitive information with robust data permissioning.