Traiana harmony for CFD equity swaps to buy-side

new york/London, announced March 8, 2011-Traiana, the leading provider of post-trade solutions today that it has extended harmony contracts for difference (CFD) equity swap network companies that buy-side. A growing group of the world's leading companies that buy-side is now connected to harmony for full CFD equity swap post-trade automation.

Harmony is already the largest CFD equity swap network in the world, and is used by 12 of the world's largest equity swap counterparties and over 60 executing brokers. Along with these sales-side banks, all of which are counterparties to best buy-side firms, automates the entire harmony now CFD equity swap lifecycle including trade give-ups, client-to-broker distribution and client-to-bank swap confirmation processes. It provides a comprehensive client service solution for banks to extend their customers, improve service and reduce costs, complexity and operational risk.

Roy Saadon, founder and Director of Harmony, Traiana, said: "already in the network, with over asset capabilities, global reach and a proven solution. That's why leading buy and sell-side firms choose harmony for their strategic post-trade CFD shares need. We are grateful for the partnership between these sell-and buy-side firms to develop and increase our network, and is excited about the pace of its growth. "

With the addition of CFD equity swap capacity is harmony now buy-side and their banks a cross assets post-trade solution for FX and FX derivatives, exchange traded derivative, CFD equity swaps and liquid shares, including messages about trade, affirmations, give-ups, assignments, and confirmations.

Traiana harmony network continues to grow in services and reach, now linking more than 500 global companies including major banks, Prime brokers, buy-side firms, commercial sites and technology partners. With a connection to the network, are companies that are connected to all their commercial relations, significantly reduce complexity, increase efficiency and reduce costs.

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