Trax Match is an extremely effective operational risk management tool which provides real-time post-trade matching in a wide range of instruments, including bonds, equities and derivatives (contracts for difference, futures, options, warrants and more).
You can benefit from:
- Rapid identification of problem trades
- Real-time exchange of standing settlement instructions between counterparties
- Significant reductions in failed trades
- Compliant with ICMA general recommendation for the use of electronic matching in secondary markets
- Highly competitive transaction costs
- Full audit tracking
- Comprehensive user profile and authorisation management
The Trax engine supports both ISO 15022 and ISO 20022 messaging allowing for easy systems integration.