Financial messaging outfit HelioGraph has released Helio TradeFlow, a combined matching engine and workflow solution for viewing transaction lifecylces from confirmation through to settlement.
The product interfaces with order management systems and portfolio management packages as well as linking to brokers and custodians. The system combines a matching engine with ETC (Electronic Trade Confirmation) and ETS (Electronic Trade Settlement) components, and handles multiple instruments, inlcuding equities, bonds and foreign exchange.
STP rates are also improved through the introduction of an error audit function for failed trades.