10.11.2011

Nomura chooses Traiana Harmony for Exchange Traded Derivatives Client Service

10.11.2011

London/Chicago – 11 October 2011. Traiana, the leading provider of real-time post-trade solutions, announced today that Nomura, a global leader in exchange traded derivatives (ETD) execution and clearing, has chosen Traiana to expand its ETD client service platform.

Using Traiana Harmony, Nomura’s clients will have the capability to reconcile their executions and allocate across one or more futures commission merchants (FCMs), with real-time clearing status monitoring in Nomura’s client service portal. In addition, high volume clients can be integrated directly into the solution in their preferred protocols and message formats, allowing them to match and allocate their trades electronically. As a result, exceptions and breaks are identified intraday, not end of day, streamlining the clearing and allocation processes.

Michelle Neal, Nomura’s Global Head of Electronic Markets, Futures & OTC Clearing, said: “As clients seek to diversify their clearing amongst a number of providers, automated, real-time post-trade processing is essential to minimize risk and costs. Working with Traiana is another step to keep Nomura’s execution and derivative clearing offerings at the front of the marketplace.”

Jim Chrystal, Co-Founder, Traiana, said, “We are excited to work with a market leader like Nomura on this strategic initiative, defining a new standard in post-trade processing and client servicing for the industry.”
Ends

About Traiana

Traiana Inc. (www.traiana.com) provides global banks, broker/dealers, buy-side firms and e-trading platforms with solutions to automate post trade processing of financial transactions. Traiana’s post-trade solutions and the Harmony Network are used by over 500 of the world’s leading financial market participants and have become the market standard for post-trade processing of foreign exchange transactions. Traiana, an ICAP company, is headquartered in New York City with offices in London, Chicago and Tel Aviv.

About Nomura

Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs over 27,000 staff worldwide. Nomura’s unique understanding of Asia enables the company to make a difference for clients through three business divisions: retail, asset management, and wholesale (global markets and investment banking). Nomura’s subsidiaries in the US include Nomura Securities International, Inc. (a member of SIPC) and Nomura Corporate Research and Asset Management Inc. For Further information about Nomura, please visit www.nomura.com

Media Contact

Jed Hamilton, Intermarket Communications
Tel +1 212 754 5479
jhamilton@intermarket.com

Candice Adam, Argentus PR
Tel + 44 (0)20 7397 2915
candice.adam@argentuspr.com

Related articles