Accretive helps the Milan Stock Exchange overcome capacity problems to sustain rapid growth.

Challenge
The Milan Stock Exchange introduced a comprehensive new market trading system. The initiative was very successful and let to an increased workload. Listed and quoted securities increased nearly tenfold, in a very short period of time. The system's construction had given rise to artificial trading halts, known as black periods.

Solution
Accretive was contracted to help solve the problem. During an initial six-week project, the system was stabilized, capacity was improved and black periods where eliminated. One year later system stability was such that management felt it had the breathing space to embark on a more ambitious redesign in anticipation of changing business needs. Accretive returned to assist in the re-architecture and re-engineering project.

Benefits
Through use of the X-Act^TM product, the Milan Stock Exchange was able to avert a significant business crisis and has subsequently been able to develop a system with comparable performance and availablity to both the London and Paris Exchanges at a cost less than 10% of the competitors systems.

"The product came to our rescue at a difficult time. I am delighted with the results and I am very pleased to have been able to use the product to take our system forward with confidence into the future." -Senior Milan Stock Exchange Executive