4 stars based on
The collaboration will improve upon and replace manual processes used by executing brokers to "give up" trades to prime brokers. Using a new online service from Traiana R Inc. Institutional clients of the three firms will benefit from increased efficiency from straight through processing Deutsche bank foreign exchange prime brokerage for all FX prime brokerage trades and real-time access to trade information. Prime brokers and executing brokers using the service are able to lower costs, significantly reduce operational risk and increase service levels to clients.
A deutsche bank foreign exchange prime brokerage web give-up and monitoring interface is also provided for smaller or lower volume brokers. Executing brokers who give up trades to the three firms can register at www. The three firms expect to be fully integrated in the second half of this year. With Traiana, AIG provides connectivity technologies that offer superior trade processing capabilities and client service functionality.
Integrating the executing brokers into our Traiana-based prime brokerage system was the next logical step. With the combination of a robust e-prime brokerage system, this collaboration and Traiana's capabilities, we are better positioned to handle greater volume while maintaining our high level of client service.
Our collaboration with Deutsche Bank and AIG Trading will improve service levels to our clients and create efficiency in our industry. Traiana's focus on FX prime brokerage and strong technology made Traiana the right provider for this initiative.
As the leading software provider for institutional client service and trade operations, our Trading Relationship Management TRM solution has already integrated over 40 of the largest buy-side firms into their prime broker.
Compared to standards-based approaches, this initiative is well-positioned with its pragmatic, adoption focus. With roughly EUR billion in assets and approximately 77, employees, Deutsche Bank offers its 13 million clients unparalleled financial services in 76 countries throughout the world. The Bank aspires to be a leading global provider of integrated financial solutions for demanding clients and the pre-eminent bank in Germany generating exceptional value for its shareholders and people.
AIG Trading provides highly personalized customer service and creates innovative risk management products for multinational corporations, financial institutions, commercial producers and users, institutional investors and sovereign entities. AIG Trading's breadth of service includes currency deutsche bank foreign exchange prime brokerage commodities prime brokerage, client-tailored back-office support, and access to e-commerce trading portals and insightful political and economic research from leading figures in the financial services industry.
The firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services, and retail and middle market financial services.
A component of the Dow Jones Industrial Average, JPMorgan Chase is headquartered in New York deutsche bank foreign exchange prime brokerage serves more than 30 million consumer customers and the world's most prominent corporate, institutional and government clients.
Information about JPMorganChase is available on the internet at www. Traiana's FX Prime Brokerage solution is in use today by leading banks to deliver streamlined, exception-based trade processing combined with superior client service, trading partner integration and real-time reporting. Traiana is headquartered in San Mateo, California, with deutsche bank foreign exchange prime brokerage in major financial centers around the globe.
For more information visit the Traiana web site at www. April 07, Contacts Voce Communications for Traiana Inc.
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