02 July 2015

Traiana expands Harmony ClientLink into cash equities and fixed income

13 June 2013  |  1178 views  |  0 Source: Traiana

Traiana, the leading provider of post-trade and risk solutions, today announces that it has expanded Harmony ClientLink's cross-asset capability to the equities and fixed income markets with a number of leading brokers.

As a result, Harmony ClientLink now offers the most comprehensive cross-asset straight through processing (STP) and allocation platform for banks, brokers and buy-side firms. Harmony ClientLink provides executing brokers and prime/clearing brokers with a complete client servicing solution. This will automate allocation, confirmation and matching processes and has more than 1,000 client connections across FX, exchange traded derivatives, equity swaps, cash equities and fixed income.

As more and more buy-side firms are standardizing their processes using protocols such as FIX and SWIFT, Harmony ClientLink offers an integrated FIX and SWIFT gateway to support these changing client technology demands. ClientLink enables the broker to maintain internal STP regardless of client messaging preference and without any internal system development. Featuring a revolutionary message transformation infrastructure, clients can be set up in minutes to send and receive their trade information in their own format and language, including any structured or unstructured message type, including formats such as e-mail, PDF, CSV or proprietary formats used by many others.

Roy Saadon, Co-Founder and Head of EMEA, Traiana said: "As buy-side clients continue to move from legacy electronic trade confirmation services towards standards like the FIX protocol, brokers are looking for rapid and cost efficient services such as Harmony ClientLink to help facilitate this transition and reduce costs for the market." 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 
Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
Global fintech investment triples - Accent...
9173 views comments | 47 tweets | 27 linkedin
Barclays takes on Apple with wearable paym...
8287 views comments | 38 tweets | 34 linkedin
Wells Fargo to usher in voice and facial b...
6358 views comments | 20 tweets | 26 linkedin
Singapore pledges S$225m to fintech
6048 views comments | 27 tweets | 19 linkedin
Greeks flock to Bitcoin
5180 views comments | 30 tweets | 18 linkedin

Featured job

to c. £100k+ base, double OTE
London, UK

Find your next job