07.05.2019

Traiana Launches Post-Trade Lifecycle Management

07.05.2019
Traiana to Modernize Equity Swaps Market With Automated Post Trade Lifecycle Management Service
LONDON, NEW YORK, July 04, 2019, Traiana, the leading infrastructure service for trade lifecycle and risk management solutions, today announced that it has launched a new service to fully automate the post trade lifecycle management of the multi-trillion dollar equity swaps market. Traiana’s Equity Swaps Lifecycle Management service will transform the market’s previously manual, labor intensive and inefficient post trade affirmation processes for clients globally.

Equity Swaps Lifecycle Management normalizes data reported by swap providers and conducts reconciliation and affirmation of daily valuations, payments and legal confirmations to identify any changes to the underlying swap attributes. It also improves the longstanding negative affirmation issues in the equity swaps market by allowing buyside firms to view all exceptions in one place. Disputes can then be resolved between counterparties on a daily basis using the exception manager tool, rather than after monthly resets are struck.

“Until now, it has been extremely challenging for buyside firms to sift through multiple swap provider reporting statements in various formats, across thousands of trades and positions per day to look for potential issues and work out exactly what has changed at the month-end reset,” said Joanna Davies, Global Head of Traiana. “Our new Equity Swaps Lifecycle Management service creates huge operational efficiencies and significantly reduces settlement risk for market participants.”

Phase one of Equity Swaps Lifecycle Management is now live with further phases set to be released throughout 2019 and 2020.

Traiana is a part of CME Group. For more information on Traiana offerings, visit: http://www.traiana.com/

It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/

4

Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:

SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:

COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.

Load More

Related articles

  1. The firm aims to become the 'Everything Exchange' for trading.

  2. A single, consolidated platform wil provide settlement and custody across multiple EU markets.

  3. The company did not sell any shares and did not receive any proceeds from the offering.

  4. LSEG will provide AI-ready content, multi-asset class data and workflow solutions.

  5. The smallest contract in CME's crypto complex will provide greater precision and market accessibility.