Traiana has announced the launch of an enhanced Harmony CreditLink, including pre-trade and post-trade credit and risk management services for FX derivatives trading. The service is integrated into Digital Vega’s multi-dealer FX options trading platform, Medusa, extending the capability to their connected FX Prime Brokers, buy-side firms and liquidity providers. Delivered via Traiana Harmony as a central service, Harmony CreditLink provides trading platforms, clearers/prime brokers, executing banks and buy-side firms the ability to monitor and manage credit in real-time across multiple trading venues in a consolidated view.
Mark Suter, CEO Digital Vega said, “Integrating the Medusa trading platform to Traiana’s CreditLink solution brings a range of significant advantages to all our clients and partners in terms of managing counterparty risk and exposure. The provision of real-time, pre-trade limit checking allows us to deliver an integrated, industry standard solution covering spot, forward and FX option trading.”