Raiffeisen Polbank selects TradAir rate engine and distribution tech

Source: TradAir

TradAir, the front office optimization solutions provider, today announces that Raiffeisen Polbank, a leading corporate and investment bank in Central and Eastern Europe, has selected and gone live with TradAir Rate Engine & TradAir Distribution for its foreign exchange (FX) global trading desk.

Raiffeisen Polbank joins a group of other leading banks around the world that use TradAir services to enhance their FX trading capabilities. The TradAir Rate Engine supports price creation across trading venues utilizing algorithms for better pricing alongside data analysis and liquidity management for optimization. TradAir Distribution is the largest market making focused network and streams to all venues, including banks' own internal systems. TradAir's vast liquidity network connects to all single dealing bank platforms as well as to all the major FX multi dealers, ECNs, Brokers and Exchanges. The solution offers banks liquidity management, business functionality, customer reach and trading power through the most advanced technology.

TradAir's technology brings together all the functions of source selection, pricing, distribution, risk and order management as well as hedging in one single intuitive and customizable screen. Traders no longer need to view multiple screens to manage and participate in their local currency pricing/trading, allowing them to focus on expanding their market opportunities.

Illit Geller, CEO, TradAir said: "We are delighted to work with Raiffeisen Polbank, which is a leader in its market with an innovative trading strategy and strong team. Together we have been able to rapidly implement the TradAir Rate Engine and TradAir Distribution solutions and we are looking forward to working with Raiffeisen Polbank as it continues to increase efficiencies and extend its global reach."

Marcin Żółtaniecki, Director of Trading at Raiffeisen Polbank said: "We are pleased to join TradAir's growing list of customers. We were impressed with how quick and problem free the go-live process was and we look forward to a long lasting and growing relationship together. TradAir is a real trusted advisor in addition to its great technology." 

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