traiana harmony ccp connect

HKEx Reports Solid Performance for RMB Derivatives, SGX Lists Domestic Bonds of China Development Bank, Moscow Exchange Reports Stable FX Volumes for November 2020, Working In Harmony: Traiana’s CCP Connect Link Processes First NDF Trade To LCH.Clearnet. We do not store your information and we do not disclose our sources. With this service, the Harmony CCP Connect intends to provide a comprehensive workflow solution via the Harmony network which can be used for both interdealer and client clearing, including CCP connectivity, trade routing, affirmation, matching, … Traiana, the leading provider of post-trade and risk solutions, announces today the launch of Harmony CCP Connect for Equities and the successful completion of its first trade. with special focus on electronic trading, banking, and investing.Copyright © 2020 "Finance Magnates Ltd." All rights reserved. November marked the one-year anniversary of the launch of CCP Connect, Traiana’s central clearing solution. Credit Suisse, JP Morgan and Instinet have signed up to use a new service from Traiana to clear OTC equity trades. BNP Paribas, HSBC and Royal Bank of Scotland (RBS) will all use Traiana’s Harmony CCP Connect to manage the clearing process with their clients, central counterparties (CCPs) and … Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that the first interdealer non deliverable forward (NDF) trade has been delivered to LCH.Clearnet Ltd’s (LCH.Clearnet) ForexClear service through the recently established link with Traiana’s Harmony CCP Connect.The trade was a USD/KRW NDF with HSBC as one of the trading parties. Traiana, leading provider of post-trade solutions, announced today that it is providing real-time straight-through-processing (STP) connectivity through the Harmony network to parties wishing to link to central counterparties (CCPs). Harmony TR Connect will interoperate with Traiana’s Harmony CCP Connect service, which covers the workflow for client clearing including CCP connectivity, trade routing, affirmation, matching, allocation and reporting for centrally cleared OTC FX options and non-deliverable forwards. Clearly, this is a factor which the multinational financial institution has borne in mind and subsequently is proceding with caution in being a pioneer of delivering trades via the Traiana and LCH.Clearnet. EBS CEO Gil Mandelzis, who co-founded Traiana, adds that CCP Connect is the most versatile clearing house connectivity system for EBS. Traiana’s CCP Connect offers connectivity to central counterparties through the Harmony network, providing trade routing, affirmation, matching, allocation, and reporting services for centrally cleared over-the-counter FX options and non-deliverable forwards (NDFs). Traiana has delivered the first interdealer non deliverable forward (NDF) trade to LCH.Clearnet’s ForexClear service, via the recently-established link with Traiana’s Harmony CCP Connect. It is seen as a solution for reducing client costs associated with complying with new FX derivatives regulations. The Year in Review for FintechGo to article >>, Mr. Wells explained that “there are some changes to how we report. Its functionality encompasses CCP connectivity, trade routing, affirmation, matching, allocation, and reporting for centrally cleared OTC FX options and non-deliverable forwards (NDFs). Harmony ClientLink is a comprehensive solution for banks to service institutional clients and the buy-side to manage post-trade processes with banks, agency desks, prime brokers, and ECNs to reduce operational risk and costs in FX. New York/London, 8 June 2016 - Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has gone live with Barclays and UBS on its... | November 8, 2020 London/New York, 20 February 2015 – Traiana, the leading provider of pre trade risk and post trade processing solutions, announces today that its CCP Connect for Equities service has won Markets Media’s Best New Clearing Product award at the annual Market Choice Awards on 19 February 2015. EquityClear offers members clearing of OTC equity trades from the Traiana Harmony CCP Connect for Equities service, a trade matching service for OTC business. Harmony CCP Connect also provides a gateway to other leading foreign exchange infrastructure operators, ensuring participants can use their preferred trading, allocation and confirmation venues with complete interoperability. A potentially prudent means of operating given that this is a bank with a wealth of experience. “As the FX industry continues to work together to implement US and European regulatory reform, we are excited to add [BNP, HSBC and RBS] to our OTC clearing initiative,” says Coyne. Traiana has delivered the first interdealer non deliverable forward (NDF) trade to LCH.Clearnet’s ForexClear service, via the recently-established link with Traiana’s Harmony CCP Connect. Providing real-time automation of post-trade processing workflow. Pre and post-trade processing solution company Traiana has today announced that it is now able to match and affirm FX derivative client trades with LCH.Clearnet Ltd’s (LCH.Clearnet) ForexClear service via its Harmony CCP Connect cross-institution network that connects PBs, EBs and buy-side clients. The deadline relating to the ability to report trades was January this year for the US, and will be next January for Europe. ... CCP Connectivity. “We are pleased to announce that trades […] BNP Paribas, HSBC and Royal Bank of Scotland will all use Traiana's Harmony CCP Connect to manage the clearing process with their clients, counterparties and clearinghouses (CCPs). Hear from active traders about their experience adding CME Group … “By connecting to Harmony CCP Connect, our clients will have seamless access to the FX clearing organizations, and the ability to better manage their bilateral exposures and their counterparty risk,” says Singh. Do let us know and we'd be happy to check ourselves and fix if necessary. Clearing regulations across multiple jurisdictions had to be changed in order to finally achieve an industry solution to clearing OTC equity trades, Traiana has revealed. Gil Mandelzis, James Chrystal and Roy Saadonfounded Traiana in 2000. Post-trade processing specialist Traiana has added three further clearing firms to its initiative to automate processing of over-the-counter (OTC) foreign exchange (FX) derivatives with clearing houses. The two bank have joined the Harmony CCP Connect platform, which looks to offer netting benefits to market participants through the automated central clearing of OTC equity trades. Please read our. Traiana, the leading provider of post-trade and risk solutions, announces today the launch of Harmony CCP Connect for Equities and the successful completion of its first trade. In September last year, Traiana brought on board a series of international banks which confirmed their respective intention to use the Harmony CCP Connect product, which is an enterprise system designed to provide end-to-end client clearing to institutional participants. The three banks join Bank of America Merrill Lynch, Citi, Deutsche Bank, JPMorgan, Morgan Stanley and UBS in using the CCP Connect service to manage workflow required to clear OTC FX derivatives. Traiana operates a global cross-asset network that connects market participants to a suite of post-trade processing, credit risk and workflow services. Harmony CCP Connect service will enable top prime brokers to offer client clearing for NDFs later this year Traiana paves the way to client clearing with six top banks - FX Markets Home Introduction. Harmony CCP Connect also provides a gateway to other leading foreign exchange infrastructure operators, ensuring participants can use their preferred trading, allocation and confirmation venues with complete interoperability. Traiana. The Harmony TR Connect platform also interoperates with other regulatory reporting products from the vendor, principally the Harmony CCP Connect central counterparty clearinghouse solution, which aims to provide a workflow solution for client clearing via the homogenised Harmony network, including CCP connectivity, trade routing, affirmation, matching and allocation services, allied … BofA Merrill Lynch, Citi, Deutsche Bank, JP Morgan, Morgan Stanley and UBS will use Traiana’s Harmony CCP Connect to manage connectivity with their clients, counterparties and clearinghouses and […] Leading interdealer FX brokers Thomson Reuters and EBS signed agreements to use Traiana Harmony CCP Connect earlier this month. First trade delivered through Traiana’s Harmony CCP Connect link to LCH.Clearnet. Turquoise. Traiana’s launch of Harmony CCP Connect for Equities provides efficiency and cost savings as CCPs net these transactions alongside existing on-exchange flow, reducing the cost of settlement. Citigroup is the first customer to sign up for Traiana’s new service. The banks signed agreements with Traiana to use the service in March. Traiana Harmony CCP’s services are not specifically regulated by the Commodity Futures Trading Commission rules under the Dodd-Frank Act, but the platform is acting as a third-party technology agent under the act. This is "Traiana - ETD ClientLink Overview - Chapter 1 - Traiana for ETDs" by ditto.tv on Vimeo, the home for high quality videos and the people who love… Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has gone live with Barclays and UBS on its Harmony CCP Connect for Equities platform. Thomson Reuters and EBS have signed agreements to use Traiana’s client clearing solution Harmony CCP Connect, which follows a move by several leading FX banks earlier this year to use the service to reduce client-trading costs. The material on this site is for financial institutions, professional investors and their professional advisers. The banks are: Citigroup Inc., Bank of America Merrill Lynch, Deutsche Bank AG, JP Morgan Chase & Co., Morgan Stanley and UBS AG. To commemorate the occasion Traiana hosted Buy-side, Sell-side and CCP market participants at a panel discussion at ICAP on Tuesday 3 rd November – with speakers from JP Morgan, Deutsche Bank, Instinet and UBS.. Traiana, a leading infrastructure service which provides trade life-cycle and risk management solutions, announced that it has provided direct central clearing connectivity to the Hong Kong Exchanges (HKEXs) and Clearing’s OTC Clearing Hong Kong (OTC Clear). BofA Merrill Lynch, Citi, Deutsche Bank, JPMorgan, Morgan Stanley and UBS will use Traiana's Harmony CCP Connect to manage their connectivity and workflow for … In March of 2012, six major banks signed up to Traiana's clearing network, known as Harmony CCP Connect, to manage the connectivity and workflow required to clear over-the-counter FX derivatives. Traiana’s suite of interoperable post-trade processing services allow buy- and sell-side firms to realize operational efficiencies and reduce trade costs by consolidating processing touch points when executing on a tri-party or bi-lateral basis for both OTC and listed instruments. Thank you. Traiana Harmony . Traiana’s lifecycle management tool for Equity Swap post-trade improves the daily front-to-back processes across market participants via one user interface. Please check your inbox for our authentication email. Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has gone live with Barclays and UBS on its Harmony CCP Connect for Equities platform. Welcome to Traiana Harmony. Customer Support U.S. +1 (866) 799 2724 U.K. +44 (808) 234 5941 Japan 0066(33) 812792 Mail support@traiana.com Thank you for registering to Finance Magnates. This direct connectivity gives HSBC, and the industry, an efficient and flexible way to quickly adapt to changing regulations.”, Mr. Wells added that “the swift take up of our link with Traiana is testament to the strong demand from the market for solutions to regulatory requirements.”, Traiana’s CEO Andrew Coyne concluded today’s corporate statements on the delivery of a successful trade to the effect that the company is “pleased to announce that trades are being successfully matched on CCP Connect and delivered to LCH.Clearnet for clearing.”, “Traiana built direct connectivity to LCH.Clearnet’s ForexClear at the specific request of our client base, so we’re very excited at how quickly the service has been adopted.”, Finance Magnates is a global B2B provider of multi-asset trading news, research and events The trade was a US dollar / South Korean won (USD/KRW) NDF with HSBC as one of the trading parties. Used by some of the largest equity broker dealers, the interoperable solution matches and clears OTC equity trades at the preferred clearing house. This solution will allow for connectivity and matching between executing banks, prime brokers, execution platforms and CCPs for OTC foreign exchange (FX) trades. Clients that use Traiana’s CCP Connect service to enable matching and novation of trades to the pan-European CCP’s will now have the option to extend the service to include on-exchange benefits under BATS’ rulebook and surveillance … Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has gone live with Barclays and UBS on its Harmony CCP Connect for Equities platform. Traiana’s Harmony CCP Connect is a network tool designed to make interdealer and client clearing easier by linking up CCP connectivity, trade routing, affirmation, matching, allocation and reporting for OTC foreign exchange options and NDFs. It is for information only. Harmony CCP Delivers Trade To LCH.Clearnet, Join the iFX EXPO Asia and discover your gateway to the Asian Markets. HONG KONG, LONDON and NEW YORK, Jan. 23, 2019 /PRNewswire/ -- Traiana, a leading infrastructure service which provides trade life-cycle and risk management solutions, today announced that it has provided direct central clearing connectivity to the Hong Kong Exchanges (HKEXs) and Clearing's OTC Clearing Hong Kong (OTC Clear).. Market participants can now access HKEXs OTC Clear service to … Traiana is not responsible for the privacy policies or practices of such other websites and Traiana encourages you to review the privacy policies, if any, on such websites. transactions to CCP clearing. Harmony CCP Connect for Equities – the Traiana solution that automates the central clearing of OTC equity trades – was launched in October 2014. Traiana’s Harmony CCP Connect is the first middleware solution to match and affirm FX derivative client trades with LCH.Clearnet’s ForexClear service, following the establishment of direct connectivity with the clearing house in July this year. The decision by the two leading interdealer FX brokers effectively means that the companies are one step closer to becoming designated as swaps execution facilities … Today, one month on, Ms. Liau made a statement relating to today’s successful completion of a trade via this new processing system: “We are very pleased to have participated in the execution of the first interbank trade to be cleared through the new link with LCH.Clearnet and Traiana. Traiana’s Harmony CCP Connect is a network tool designed to make interdealer and client clearing easier by linking up CCP connectivity, trade routing, affirmation, matching, allocation and reporting for OTC foreign exchange options and NDFs. This field is for validation purposes and should be left unchanged. Enter your email address below. Traiana, the leading provider of post-trade and risk solutions, announces today the launch of Harmony CCP Connect for Equities and the successful completion of its first trade. With a single connection, Traiana’s Harmony CCP Connect now provides direct access to all CCPs, reducing lead times and complexity for market participants. Pre and post-trade technology company Traiana has been engaged in the development of the Harmony CCP Connect system since last year, and today announced that the first interdealer non deliverable forward (NDF) trade has been delivered to LCH.Clearnet’s ForexClear service through the recently established link with the Harmony CCP Connect system. With a single connection, Traiana’s Harmony CCP Connect now provides direct access to all CCPs, reducing lead times and complexity for market participants. The trade in question was a USD/KRW NDF with HSBC as one of the trading parties. Addition of UBS and Barclays to give 'tremendous boost' to trade volumes netted on Harmony CCP Connect for … “We are pleased to announce that trades […] We have always reported trades.”, “For us, the additional part surrounding transparency of Central Counterparty Clearing Houses (CCPs) activites is still a little unclear. Today marks a development milestone in terms of the complex systems which are now required in order to process the clearing of OTC derivatives and ensure that they are in line with the equally complex regulatory conditions with which such activities now must comply. In June this year, Traiana connected the system to LCH.Clearnet’s FX clearing service ForexClear for the purposes of NDF clearing, resulting in its final technical advancement before going live. For more information, read our We will send instructions to reset Their connectivity to CCP Connect gives market participants access to all clearing houses registered to clear OTC FX trades. Traiana, a trading services company, has obtained certification to provide real-time connectivity to the IntercontinentalExchange (ICE). During the same panel discussion in London, Jaqueline Liau, FX Prime & Global Head of Product and Service at HSBC commenced explained to Forex Magnates that from her perspective there remains a degree of ambiguity in the marketplace as to which parties are expected to conduct the reporting: “There is plenty of confusion in the market from both buy and sell-side, and it is unclear as to who reports what trade information, and who has to carry out the reporting” said Ms. Liau. The platform will also help the banks using it to manage the increasing array of clearing houses and trade repositories entering the market globally. Jacqueline Liau, HSBC global head of product and services for FX prime, says HSBC’s use of the Traiana services means clients can rest safe in the knowledge their FX trades will be in compliance with new regulations globally. The Harmony CCP Connect service enables the banks to managing the clearing process for OTC products with their clients, counterparties and clearing houses. – was launched in October 2014, counterparties and clearing houses the market globally delivered through Traiana s... In Traiana to clear OTC equity trades at the preferred clearing house and discover your to! Netting benefits already seen by the market globally the Harmony CCP Connect earlier month! A wealth of experience will further enhance the netting benefits already seen by the globally. We sent you and click on the hardware requirement: “ Middleware infrastructure has and...: “ Middleware infrastructure has evolved and changed too early your gateway to the ability to report trades was this. 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