London, 30 January 2014 — Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces that it has entered into a strategic alliance with Confisio Managed Services Ltd, a premier supplier of customized turnkey solutions to the financial services industry. Traiana and Confisio will together provide a middleware trade reporting solution to Confisio clients in Cyprus ahead of the impending 12 February European Market Infrastructure Regulation (EMIR) deadline.
New York, January 28, 2014. Javelin SEF announced today that it is now live with Traiana’s CreditLink service for real time pre-trade credit checks on interest rate swap trades.
Current CFTC rules require clearing firms who clear interest rate swaps to check their customer orders on newly created Swap Execution Facilities, or “SEFs”, for available credit before a trade can be executed.
Summit, New Jersey, January 28, 2014 — TeraExchange, a multi-asset class swap execution facility, announced today that it is certified and live with a connection to Traiana CreditLink. This provides TeraExchange market participants’ clearing members with the choice of using TeraCheck, its proprietary pre-trade credit engine, or Traiana CreditLink to manage real-time trading and clearing limits, and by doing so ensure compliance with the CFTC clearing mandate.
London, 22 January 2014 – Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces it will provide connectivity to four trade repositories (CME, DTCC, Regis-TR, UnaVista) at the time of the EMIR deadline through its Harmony TR Connect trade reporting service. Support for additional trade repositories will be added after the European Securities and Markets Authority (ESMA) go-live date.
New York/London, 13 January 2014 – Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has launched a new service to reconcile client reference data ahead of the introduction of mandatory electronic trading of swaps on swap execution facilities (SEFs). The new service, using technology provided by Duco, reconciles reference data from disparate sources provided by CCPs, SEFs, futures commission merchants (FCMs), buy-side firms and swap data repositories.