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Daiwa Completes TRAX2 Migration with CheckFree TradeFlow to Support MiFID

At 29 Feb 2008 07:14:18 in MM-Transaction Reporting, MiFIDMonitor.com    Print Article  Email Article   Full content requires subscription 

Daiwa Securities SMBC Europe Limited (Daiwa) has completed its migration to TRAX2 through the successful expansion of CheckFree’s (now part of Fiserv) TradeFlow capabilities to efficiently manage the flow of securities transactions, the vendor says. The project utilised the CheckFree structured implementation methodology to achieve delivery by September’s mandatory migration deadline. Daiwa, an investment bank headquartered in London, now has a messaging hub that provides a ‘single window’ of all trades enabling Daiwa to reduce its operational risk.



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