Harmony Message Center
Reach the entire market in a single connection
Harmony Message Center gives prime brokers, executing brokers and their clients a global hub to manage all FX, cash equities, CFD equity swap and exchange traded derivatives trading. Harmony Message Center replaces multiple manual processes or point-to-point integrations between banks, prime brokers and funds with a real-time, low-latency solution which tracks the flow through the trade lifecycle- from booking to give-up, fund allocation to audit.
The benefits to your trading operation:
- Efficient processes- trades are entered once, at the point of execution, and then feed the whole post-trade cycle, from front- to back-office, and out to counterparties and clients in real-time
- Cost effective - Reduces manual processing and the associated implementation costs
- Reduces operational risk - delivers best-of-breed operational efficiency through automated processes that help to reduce keystroke and manual errors
- Enhances trade visibility and operational risk management
- Strengthens the audit trail and reporting capabilities
Key features:
- Supports integration via industry standard protocols (FIX, etc.), as well as custom integrations directly into in-house systems
- Easy-to-use web-based user interface to handle any market participant, no matter what their technical capabilities
- Scales easily to accommodate the highest volume banks while simultaneously supporting low volume firms with full automation
- Single, consistent point of integration
- State-of-the-art security
- Speed up trade booking
- View trade status and provide give-up information in real-time
- On demand and notification status updates
- Daily review and status information reports
