Objective
The main objective of the INCO demonstration project TREND is to provide a modern trading environment customised to the needs and requirements of banks and investment companies in Eastern Europe and NIS countries. The project will demonstrate applications of recently developed European technologies in the banking environment.
The consortium consists of the technology providers Wall Street Technology GmbH (WST), Germany, and MTI Trading Systems, U.K. as well as of participants, for which a demonstrator has already been implemented, namely Saulusbank, Latvia, Infobank, Belarus, and SAFI S.A. Romania.
The demonstrators will consist of the basic information platform Open Trade Compact, provided by MTI Trading Systems, which is going to be adapted to the needs and requirements of the Eastern European participants involved, in particular regarding data feed, interfaces etc., as well as of the tools and techniques developed by WST's predecessor IFS in the framework of the banking application of the ESPRIT III project HANSA (6369). These tools will also be adapted to the requirements of the demonstration sites, in particular regarding the currencies and assets to be handled by the trading environment.
Fields of science (EuroSciVoc)
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
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Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
EC2A 4PE London
United Kingdom
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.