New York/London, 14 July 2014 – Traiana, the leading provider of pre-trade risk and post-trade processing solutions, today announces that it will be named, ‘Best post-trade services provider’ at the FX Week e-FX awards 2014. This is in recognition of Traiana’s comprehensive offering for regulatory compliance in FX trade reporting, clearing and pre-trade risk management.
The awards, which will be announced at the 11th annual e-FX awards ceremony in New York on Tuesday, recognise industry innovation and excellence in electronic foreign exchange amongst banks, brokers, vendors and the buy side.
Nick Solinger, Head of Product Strategy and Chief Marketing Officer at Traiana commented: “We are very grateful to FX Week for naming Traiana, ‘Best post-trade services provider.’ Regulatory compliance has become a costly and complex area for the global FX market, and requires a comprehensive infrastructure which supports both their existing and future FX trading requirements, with full support across trading models and regulatory jurisdictions.”
As new regulations are adopted within the FX market across jurisdictions, market participants are adopting new processes for pre-trade risk, trade execution, allocation management, clearing and reporting. Traiana’s suite of post-trade solutions allows firms to comply with their regulatory obligations using Traiana’s seamless connectivity between SEFs, trading parties, execution platforms, clearing members, clearing houses and trade repositories.
Traiana, Inc. (www.traiana.com) provides global banks, broker/dealers, buy-side firms and trading platforms with services to monitor pre- trade risk and automate post-trade processing of financial transactions in listed and over-the-counter trading markets. Traiana’s solutions and the Harmony Network have become the market standard for post-trade processing of foreign exchange, exchange traded derivatives, fixed income, CDS and synthetic and cash equity transactions. Traiana, an ICAP company, is headquartered in New York City with offices in Chicago, Hong Kong, London, Singapore, Tel Aviv and Tokyo.
Candice Adam, Argentus PR
Tel +44 (0)20 7397 2915