Traiana’s suite of trusted, cross-asset and automated trade processing solutions streamline pre- and post-trade workflow for Fund Administrators. With a single connection to the global and established Harmony network, clients benefit from dramatic improvements in efficiency, cost-reduction and risk-management – as well as fully-managed connectivity to over 1,000 market participants and members.
Traiana’s solution set enables Fund Administrators to provide the highest level of service to their Buy-side clients, across:
Messaging & Normalization
Traiana enables Fund Administrators with resilient market-wide connectivity – removing the need for multiple integrations and maintenance to multiple participants.
Universal data translation drives seamless, low latency messaging to counterparties and market constituents – whatever their preferred format. Linking over 1,000 Buy-side firms, Sell-side institutions, Venues, Brokers, CCPs and Repositories, Traiana’s automated solutions translate and normalize Excel, PDF, CSV, XML and Email into the recipients’ desired format. With additional FIX and SWIFT interoperability, this improves efficiency and drives cost reductions across the workflow.
Allocation & Confirmation
Through Traiana, clients can issue and consume cross-asset allocations and confirmations as part of a streamlined and automated workflow – standardized for all clients and counterparties, however they allocate.
Leveraging low-latency messaging and seamless file translation, the result is an accurate, efficient and scalable process – facilitating STP and T0 finality of trade, and dramatically reducing the likelihood of errors, operational cost and counterparty risk.
Traiana’s intelligent, automated and cross-asset Matching engine facilitates STP and the drive towards T0 trade finality – complemented by Harmony’s trusted low-latency network of market participiants across the world.
Intelligent automation provides Fund Administrators with a scalable, exception-based process – with granular drilldown into underlying data through a rich GUI dashboard, enabling fast identification of breaks, cost-effective resolution and keeping trades on track for T0 reconciliation.
Trade Lifecycle Management
Traiana equips Fund Administrators with a single view into the lifecycle status of all cross-asset trades, across all counterparties. The solution cleanses complex and inconsistent Broker statements into standardized reports – enabling Fund Administrators to automate and streamline the process of daily and monthy reconciliation.
By removing slow, inefficient and costly manual processes, Traiana minimizes risk, removes inaccuracies, reduces frequency of breaks, frees operational resource and opens a route towards a common market standard.
Additionally, accurate and up-to-date visibility into trade economics drives improved understanding of risk for trades executed on top of the underlying swap.
Regulatory Trade Reporting
Traiana enables Fund Administrators to submit compliant reports on behalf of their clients in an efficient, scalable and cost-effective way. Supporting Direct, Delegated and Client-sharing reporting models, the solution leverages robust connectivity to Repositories across the world, as well as universal file transformation and normalization.