Gil Mandelzis CEO of Traiana
Gil Mandelzis CEO of Traiana

FORUM: Technology- helping to meet the needs of clients

In this months FORUM, Gil Mandelzis asks 3 major banks about the key components of an effective Prime Brokerage solution, and future trends of the market.

First Published: e-Forex Magazine 14 / FOCUS / April, 2004

With Gary Gluck, Head of Fixed Income and FX Prime Brokerage at Credit Suisse First Boston. Carolyn Holt, Head of FX Prime Brokerage Sales - North America at JP Morgan. Andy Coyne, Head of FX Prime Brokerage at Deutsche Bank and Gil Mandelzis, CEO of Traiana as moderator.Mandelzis: What are the key components of an effective Prime Brokerage solution and what gaps in your previous technology did you need to fill to serve this market?GLUCK: The optimal FX Prime Brokerage solution provides the fund manager straight-through processing, rapid trade matching, transparency, enhanced MIS and position reporting. Pre-trade, the PB system should provide real-time credit line availability. At the time of trade, the PB system should interface with the managers deal capture system to eliminate the need for multiple inputs. Post-trade, the system should report deal matching status as well as real time reporting across positions. To this end, CSFB has made a significant investment in an architectural model which integrates...continued

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