Traiana, a provider of post-trade solutions, has started using enhanced Harmony CreditLink solution. The platform, which includes processing capability and risk analytics across all FX trading models, such as high frequency and retail trading, builds on Harmony’s tri-party limit utilization and credit monitoring capability for FX spot, forwards and options.
Harmony CreditLink provides lower latency, increased capacity, a monitoring dashboard and risk identification algorithms, which identify duplicate trades or unreported trades using proprietary pattern recognition. The solution ensures that all counterparties have real-time monitoring across execution venues and credit relationships, with assurance that risks and positions are up-to-date. Deutsche Bank is the first customer to use the solution.
Click here for the release from Traiana.