HUBBLE

The ideal financial messaging hub for market infrastructures. HUBBLE connects any two systems using a range of message-based connectivity options including SWIFT, private connections, email, REST APIs and others; it is already natively integrated to our own solutions, but can be used to connect to any other internal or external system for a customer. The orchestration of message interactions can be created or maintained through its UI.

The integrator’s screen

HUBBLE clients design their own message flows in its configuration tool, which draws every flow step by step from the configuration database. The flows shown carry participants’ ISO 20022 instructions to DEPEND, DEPEND’s events back out to participants and through SWIFT, and status from T2S back to DEPEND.

HUBBLE’s configuration tool, a Windows application: three message flows drawn as chains of coloured steps on a light canvas. Participants’ instructions are routed by message type, mapped and delivered to DEPEND; DEPEND’s events are built into sese.024, sese.025 and MT548 messages for participants and SWIFT; status from T2S is matched and reported to DEPEND. The configuration editors are listed down the left.

Connectivity that meets FMI standards

  • Standards messaging

    ISO 15022 and ISO 20022 messaging, over SWIFT or direct links, alongside proprietary message types and formats where a market needs them.

  • T2S, central banks and other settlement banks

    Covers every ISO message type that T2S requires, and all of the depository’s messaging with its central bank or other settlement bank as appropriate.

  • Participant-level configuration

    Each participant independently configures which message types it wishes to receive — no blanket broadcasts, no bespoke builds.

  • Orchestration

    Orchestrates business-to-business messaging between Percival products and outside service users and providers, with standard packages for T2S and conventional OTC operations.

  • Logging, audit & search

    Every incoming and outgoing message is logged and becomes searchable in the HUBBLE browser, and linked in DEPEND to the issuers, instruments and transactions it concerns.

  • Product integration

    HUBBLE brings efficient and scalable integration between Percival’s DEPEND and REVENUE products, as well as a wide range of third-party platforms across your market.

Every message through one hub

HUBBLE sits between your systems and the world: the CSD’s internal systems on one side; SWIFT, payment systems and secure participant queues on the other. Every message — inbound or outbound, ISO or proprietary — is validated, routed, stored and cross-linked to the business entities it concerns. When an auditor asks what happened, the answer is one search away.

Register Account management Corporate actions Clearing & settlement Integrated cash system Other internal systems HUBBLE ISO 20022 / 15022 COMPLIANT MESSAGE HUB SETTLEMENT · CA · REPORTING CASH & LIQUIDITY SECURE MESSAGING — AMQP · TLS SWIFT NATIONAL PAYMENT SYSTEM PROPRIETARY MESSAGING CCP CENTRAL BANK T2S · DCP FOREIGN CSDs COMMERCIAL BANKS PARTICIPANTS ACCOUNT OPERATORS

Connect your market with HUBBLE

T2S programmes, RTGS integration, participant messaging — delivered as standard packages, configured to your market.