OBS-WPS ensures the correct and autmated processing of all types of securities, amongst others:

• Shares and similar papers
• Bonds with fix, variable and zero rate coupons
• Money market papers
• Funds
• Futures
• Options

OBS-WPS consists of the following transactional areas:

• Master data management
• Order management / order routing
• Securities dealing
• Derivatives
• Securities settlement and administration
• Depository management
• Lending & Borrowing
• Corporate actions
• Interfaces
• Various

All processing steps have, wherever possible and reasonable, been fully automated (STP). This is particularly the case in the areas of order settlement and custody management (corporate actions) as well as the fully automated data exchange with third parties e.g. stock exchanges and depositories.