Client snaps Index and FX Rate benchmarks daily following publication by calling the RIC, interested in the benchmark rate for the day.
'We use RMDS to subscribe for the RIC and FIC at a particular date and time and that’s where we are facing issues. Sometimes if the rate is not published on time we get an error in the RMDS call sometimes a 0 rate thereby causing settlement delays and issues.
If we could have a rest api where we could hit the endpoint to check if the rate is published or if we could have any form of callback service where we can subscribe for a symbol and wait with a callback function to return the rate once its available that would be great so that we don’t have to keep running jobs at various time intervals and keep checking.'