Dramatically reduce your processing overhead

NetLink, powered by EBS and Traiana, dramatically reduces trade processing overhead by strengthening and streamlining back office processing and netting solutions through process re-engineering.

NetLink’s rules based processing provides ultimate flexibility allowing prime brokers to configure eligibility requirements based on currencies, execution venues, methods and branches. NetLink delivers a value-added service for FX prime banks, across trading venues, enabling them to service more prime customer business more efficiently and effectively.

Industry Challenge

Primarily due to API and algorithmic trading, daily traded volumes in FX are ever increasing. However, market participants are trading smaller ticket sizes, putting pressure on the back offices of the FX banks offering prime brokerage to handle the increased ticket volume.

In response to the challenge, Traiana jointly with EBS, have launched NetLink, a rules based ticket netting engine that can dramatically reduce the number of tickets to be processed in the back office of the FX prime broker.

Functionality

NetLink offers the following:

User configurable trade eligibility requirements
Unilateral and Bi-lateral processing
Matching on micro-trades for all bi-lateral agreements, pre-Netting
Variety of trade booking and distribution options

Benefits

Dramatic reduction in tickets processed in back-office – most participants achieve greater than 90% reduction
Increased business opportunities as the result of more available back office bandwidth
A significant reduction in transaction processing and associated costs
Enhanced customer servicing – reducing the number of tickets the client needs to confirm and settle
Reduction in settlement exceptions
An increase in possible trading ‘days’ as the credit allocation reverts to maximum each time netting takes place