Daiwa Securities Extends Use Of CheckFree TradeFlow For Additional Connectivity

Daiwa Securities SMBC Europe Limited (Daiwa) has extended its use of CheckFree TradeFlow, CheckFree's post trade securities transaction process management application. Daiwa began utilizing CheckFree TradeFlow in 2004 to process trade confirmations for its regional operations center in London. Under

By None

Daiwa Securities SMBC Europe Limited (Daiwa) has extended its use of CheckFree TradeFlow, CheckFree’s post-trade securities transaction process management application.

Daiwa began utilizing CheckFree TradeFlow in 2004 to process trade confirmations for its regional operations center in London. Under the new agreement, CheckFree will provide Daiwa with additional connectivity to support the TRAX2 network, the one-stop trade matching and regulatory reporting system for bonds, derivatives and equities developed by the International Capital Market Association (ICMA).

“CheckFree TradeFlow is proven technology that has become an integral part of Daiwa’s infrastructure following our successful implementation of the platform for Oasys Global Direct connectivity,” said Graeme Muirhead, managing director of the technology division at Daiwa Securities SMBC Europe. “CheckFree’s integration and workflow technology will enable us to leverage our existing investment to build added value into our operations. We have appreciated CheckFree’s considerable domain expertise and advice in working to help us deliver trade processing solutions to the business.”

«