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Fiserv, a technology vendor based in Brookfield, Wisconsin, has upgraded its TradeFlow post-trade processing offering.
TradeFlow now supports a number of new asset classes and transaction types, including exchange-traded derivatives (ETDs) and non-deliverable forwards in the foreign exchange market.
The upgrades will enable TradeFlow to support future over-the-counter derivative post-trade and clearing and the Swift global electronic trade confirmation initiative.
"The enhancements to TradeFlow will allow our clients to achieve greater depth and flexibility, while also meeting their regulatory requirements," says Mike Foster, general manager of institutional management solutions and investment services at Fiserv. "TradeFlow is the only solution on the market that is message-type agnostic and offers 16 different asset class modules."
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