Traiana, a US relationship management solutions provider, and Hotspot FXi have announced a partnership to bring an integrated solution for clients and prime brokers trading on Hotspot FXi’s electronic communications network. By creating a secure interface between Hotspot FXi’s platform, Traiana’s trading relationship management software and the Traiana Harmony service, foreign exchange prime brokers can receive Hotspot FXi deal confirmations from their clients and executing banks electronically, according to the firms involved. The integration is expected to lower operating expenses by 40-60 per cent by automating the entire trading relationship, across asset classes, with clients and counterparties. For institutional investors executing trades over Hotspot FXi, Traiana’s TRM software will securely receive Hotspot FXi trades, and deliver trade information to the prime broker’s back office systems, providing the institutional investor with increased efficiencies, improved reporting and reduced operational risk for all participants in the trade.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more