Case Study: Japan Exchange Group achieves real-time margin-simulation and expanded clearing business with Oracle GoldenGate (Oracle)

Japan Exchange Group Gains Real-Time Trading Data for Margin-Simulation System, Supports Clearing Business Growth, and Enhances Competitive Edge

Japan Exchange Group (JPX), the holding company for the Tokyo and Osaka exchanges and other market infrastructure entities, needed a new margin-simulation system to provide customers (such as investment banks) with real-time interest-rate and trading-position data. The goal was to improve derivatives pricing accuracy, reduce margin deposits, support OTC clearing business growth, and enable bidirectional data flow between core and simulation databases without disrupting time-critical trading operations or compromising security.

JPX implemented Oracle GoldenGate for near-real-time, bidirectional data replication and conflict detection/resolution, working with Oracle and Hitachi Solutions to deploy the system in eight months. The solution replaced previous-day data with near-real-time feeds, improved pricing accuracy and customer satisfaction, supported a tenfold increase in simulation users and OTC clearing growth, maintained data consistency and security, and avoided the high cost of rebuilding the simulation platform.

Japan Exchange Group

Ikuo Minowa

Section Chief, IT Development Division