Traderforce upgrades market data and risk platform
21 June 2006 | 1763 views | 0
Traderforce will today unveil the latest version of its platform, version 10.
Traderforce has dramatically enhanced its product range and now offers one fully managed ASP service for Electronic Trading Services to connect the buy side and sell-side community, Market Data to monitor and analyse markets, Portfolio Management for wealth managers and Risk Management for hedge funds, prime brokers and investment managers in a single advanced platform.
Traderforce 10 market data features include ergonomic enhancements, new advanced analytics and new data contents.
In collaboration with FlexTrade, Traderforce has improved its trading features with advanced market depth monitoring, parent/child, list waves, program trades, a set of pre and post-trade analytics coupled with a broad range of broker services including DMA, care orders and algorithmic trading.
Also newly added to this version is a wireless access, Traderforce Mobile, an enterprise-wide solution providing wireless market data in real-time on your Blackberry, smart phone or PDA.
Traderforce 10 is complemented by the addition of Traderforce Open Publisher, a Peer to Peer publishing system which allows clients to publish any type of trading and market information, both internally and externally. This implies that members of a trading community, brokers or buy-side institutions, can easily share any relevant trading information: portfolio allocations, margin requirements, Transaction Cost Analysis (TCA) reports, etc.
This combination of improvements and new features in Traderforce 10 allows trading community members to be connected via a powerful broker-neutral execution management system.
Jean-Michel Blanco, CEO Traderforce, said: "After an intense year of work by the whole Traderforce team, we are delighted to globally launch our comprehensive suite of market data, trading and risk platforms. After recent client successes, for example with BNP Paribas Private Banking in Europe and Asia and major European buy and sell side players in the trading and risk management area, we are very optimistic that this new version will bring huge benefits to our clients and act as a catalyst for new business opportunities in Asia, North America and Europe."