Harmony CFD/Equity SwapsThe leading post-trade T0 matching and full swap lifecycle solution

Introducing Traiana

Traiana operates the leading market infrastructure for post-trade processing and risk management across asset classes, providing client service, risk and regulatory solutions throughout the financial sector. The Harmony network delivers market-leading automation of allocation, confirmation, matching and reconciliation for participants across markets and geographies.

Global

The Harmony product suite globally supports multiple assets. Harmony for CFD/Equity swaps provides coverage for all markets including: required localized support for jurisdictions, regulations and cross-currency challenges unique to each region.

Key benefitsHarmony for CFD/Equity swaps acts as a single portal across multiple counterparties and markets, processing allocations and matching across all swap providers through a single connection. The solution enables management of exposure, mismatches and highlights any errors to trade details in real-time. Harmony offers a one-stop-shop for affirmations, allocations, confirmations and matching and provides full cross-asset coverage including: EQ swaps, FX, cash equities, fixed income and ETDs.

The service provides:

• Global network connecting executing brokers, swap providers and thebuy-side for give-up automation

• Real-time visibility into give-up activity• Real-time matching of swap vs. hedge trades• STP of allocations from buy-side systems directly to swap providers• Real-time matching of fund-level activity vs. swap providers• Option to segregate trades by region

ClientLink product updates include:• EB allocations service, buy-side can deliver give-up instructions to

executing brokers via Harmony• Fully flexible matching engine• New UI for all participants, including highlighting of mismatched trades• MIS reporting, to monitor matching rates and counterparties performance

www.traiana.com©2015 Traiana, an ICAP Group Company

• Light integration, participants do not need to change workflow and cansend and receive information in their preferred format

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ClientLink Harmony's T0 matching solution

www.traiana.com©2015 Traiana, an ICAP Group Company

Harmony CFD/Equity Swaps

Swap Center, Harmony's full swap lifecycle management service

As the regulator's attention has moved towards T+1 inefficiencies in the market, Traiana

has extended beyond T0 with our full swap lifecycle management solution for both the buy

and sell-side.

The service changes the swap lifecycle process from a negative affirmation to daily positive confirmations. Participants will have a break management tool and be provided daily finality on the swap wrapper and details. Buy and sell-side are able to fulfill requirements to provide legal confirmations, UTI sharing and reporting via Harmony’s web-based portal.

To learn more about Harmony services for equity swaps please contact the Traiana team directly:

For more information, please visit us at: www.traiana.com

Ingrid Malfi GrayExecutive Director, Investment Fund Services, NA and APAC ingridm@traiana.com

Dean Tomlinson Vice President, Head of EMEA Buyside Salesdeant@traiana.com

Gemma Crump Equity Swap/CFD

Product Strategy gemmac@traiana.com

The service provides:

• A single-access portal to swap reports, portfolios and total return swaps• Ability to review and confirm swaps (position, financing and cash flows)• Ability to manually or electronically match daily on swap details at a granular level• Consolidate and reconcile swap lifecycle activity across prime brokers and buy-side

• Position breaks• Rate changes• Corporate actions/bookings

Harmony Swap Center service will highlight the following to all counterparties,

avoiding reset date disputes:

Dividend cash flows

• Swap wrapper set-up• Swap schedule changes

Equity swap providers submit overnight reports to Harmony (or as real-time as can be published by prime broker) for normalization and consolidation in the UI. The buy-side can either click to accept, (at a swap, position or trade level), or provide their version of the data for reconciliation.

Matching is fully flexible and configurable, allowing the buy-side to provide the full set or a portion of the data. As with ClientLink, the data will be available via a web based portal with an automated break report.

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