Author: Technology Guide 2011
Source: Buy-Side Technology | 07 Jul 2011
Categories: Buy-Side Operations
Topics: Buy-Side Technology Guide 2011TraianaBuy-Side Technology Guide
Traiana is the market leader for electronically processing over-the-counter foreign exchange, exchange traded derivatives, cash equities and CFD equity swap trades. Founded in 2000, Traiana's flagship offering Harmony, connects over 500 major prime brokers, executing banks, clearing brokers, retail platforms, buy-side firms and execution venues. Traiana has offices in New York, Chicago, London, Tel Aviv and Tokyo.
Solution
Traiana provides post-trade solutions to leading buy- and sell- side institutions across the foreign exchange, exchange traded derivatives, CFD equity swap and cash equities markets. With one connection to Traiana's Harmony network, firms are connected to all of their trading relationships- prime brokers, executing brokers, clearinghouses, buy-side clients, electronic communication networks and retail brokers - significantly reducing the risk and complexity of these relationships, increasing operational efficiency and improving client service.
Built to minimize the number of touches required to fully process post-trade workflow end-to-end, Harmony provides complete real-time automation of the processing workflow. This ensures that any trade breaks between counterparties can be identified and corrected immediately, significantly reducing operational risk.
Key components are:-
• Harmony Message Center - real-time messaging, matching, reporting, reconciliation for trades and allocations between all counterparties through a single global network.
• Harmony NetLink - retail post-trade solution for prime brokers, retail brokers and liquidity providers and buy-side firms that streamlines post-trade processes and aggregates high volume trade flows to achieve up to a 99% ticket reduction
• Harmony ClientLink - trade matching, allocations, averaging, affirmations, confirmations, and real-time reconciliation in a comprehensive client service portal
• Harmony CreditLink - real-time credit monitoring solution
Contact:
11 West 2nd Street, 8th Floor
New York, NY 10036
Email: info@traiana.com
Americas
T: +1 646 536 4999
EMEA
T: +44 (0)20 7050 7380
APAC
T: +81 3 3504 8892
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