June 26, 2017 4:14 PM ET

Software

Company Overview of Traiana, Inc.

Company Overview

Traiana, Inc. provides pre-trade risk and post-trade processing solutions to banks, broker/dealers, buy-side firms, and trading platforms worldwide. It offers Harmony network that delivers global market connectivity and processes the trades generated by buy and sell side participants for foreign exchange (FX), equities, equity derivatives, and exchange traded derivatives; CCP Connect, a trade registration solution that adds central clearing and regulatory compliant services to Traiana’s market standard post-trade network; ClientLink, a client servicing solution that delivers automation across the trade lifecycle; Access Fintech, a risk management service for banks and buy-side firms; and Cre...

11 West 42nd Street

8th Floor

New York, NY 10036

United States

Founded in 2000

Phone:

212-404-1714

Fax:

646-536-4900

Key Executives for Traiana, Inc.

Co-Founder and Executive Chairman
Age: 48
Co-Founder
Co-Founder and Head of Market Development
Chief Financial Officer
Chief Operating Officer
Compensation as of Fiscal Year 2016.

Traiana, Inc. Key Developments

Traiana Launches Access Fintech

Traiana has launched Access Fintech, an innovative risk management service for banks and buyside firms. The service helps firms track the trade lifecycle and get a true sense of prioritized risk, across an increasing number of systems. Access FinTech brings together fintech providers and in-house technology, orchestrating the interaction of the distributed providers and creating a single visual display of the risk of financial transactions in a global sharable view. The Access Fintech visual dashboard aggregates vendors and allows customers to manage risk and exceptions. Access Fintech launched its product in the first quarter of 2017 to an oversubscribed beta program and is now completing its global roll out in all major financial centres. The Access Fintech platform addresses the need that has risen from the clash of changes in the market " the need to reduce cost, increasing returns on technology and operations expenditure, and the push for buyside self service. The increase in the number of providers and platforms has been driven by a range of changes, from regulatory requirements (such as MIFID 2) to innovative distributed ledger technology solutions. While this has created opportunity for increased efficiency, the adoption of new technology has been stunted by concerns about loss of control, the burden/cost of regulatory requirements and the cost to incorporate the new fintechs. Access Fintech is enabling the adoption cycle, by providing solutions to the root cause: retaining the required operational controls to aggregate the (newly) distributed financial life cycle; and creating a vendor management vehicle " tracking risk, sharing risk and profiles amongst the buyside and sellside, and providing a sandbox for new products, thus allowing the firms to try out technology at a fraction of today’s cost. The Access Fintech dashboard offers customers a dynamic view of their risk profile across all vendors and internal technologies globally and in real time. The technology is designed in such a way that clients can quickly and easily adopt the service without significant resource or cost required. Aggregating and visualizing risk across vendors and in house processes allows both buy- and sell side customers to share and better manage the risk. With a holistic view of a their risk profiles clients can define risk levels, assign external ownership with outsourcers and counterparties and better share the costs of technology; ultimately freeing them up to further embrace new technology.

Traiana Reports Revenue Results for the Year Ended March 31, 2016

Traiana reported revenue results for the year ended March 31, 2016. Revenue decreased by 4% on a constant currency basis and remained flat on a reported basis at £53 million against £53 million last year, as the reduction in FX-related volume-based services was only partly offset by the increase in other subscription based services.

Traiana Announces Unaudited Revenue Results for the Six Months Ended September 30, 2015

Traiana announced unaudited revenue results for the six months ended September 30, 2015. For the period, the company reported revenue decreased by 4% on a constant currency basis and increased by 4% on a reported basis to £26 million compared to £25 million for the same period of last year. An increase in revenue from cross asset subscriptions based services such as Client Link, Credit Link and regulatory reporting was partly offset by a decrease in FX-related volume based services and the prior year one time revenue from the joint venture with CLS.

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