/wholesale
CheckFree, now part of Fiserv Inc. (NASDAQ: FISV), a leading provider of information technology services to the financial industry, today announced that Daiwa Securities SMBC Europe Limited (Daiwa) has completed its migration to TRAX2 through the successful expansion of its CheckFree TradeFlow™ capabilities to efficiently manage the flow of securities transactions. The project utilized the CheckFree structured implementation methodology to achieve delivery by September's mandatory migration deadline. Daiwa, an investment bank headquartered in London, now has a messaging hub that provides a 'single window' of all trades enabling Daiwa to reduce its operational risk.