HelioGraph has released an enhanced version of TradeFlow, its electronic trade confirmation and settlement solution. It has also signed a deal with Bank Central Asia for its Helio Message Broker product.
The vendor says its new platform, known as TradeFlow TPM, provides functionality in connectivity, messaging, workflow, exception management, alerting, matching and business intelligence.
The application is designed to complement and work in conjunction with existing internal order management, risk and accounting applications, databases and message queuing infrastructures as well as standard interfaces to external utilities, Omgeo, DTCC and Swift.
There are up to eight functional segments within TradeFlow TPM, from connectivity and support for industry standard formats, to support for electronic trade confirmation and settlement workflow models. Specific risk scenarios can trigger proactive alerting and operational exception management tools.
HelioGraph says that besides integration and exception management, TradeFlow TPM's single infrastructure can also be used for operational metrics and data analysis. It has a Web-enabled front-end and the vendor claims that the architectural flexibility of the solution allows for straightforward future expansion of the users' operational environment.
Separately, HelioGraph and partner Decillion Solutions have signed a deal with Bank Central Asia, which has the largest branch banking network in Indonesia. The bank has selected Helio Message Broker as part of a project in which Decillion will implement the automation, transaction monitoring and management of its BI-RTGS payment transactions.