TradingScreen Partners with MainstreamBPO to Offer Full Platform for Asia Pacific Fund Managers
- TradingScreen's forex solution, TradeFX, simplifies access using SaaS. In a single window, the buy side trader can access the entire liquidity available using a streaming, RFQ, order-book or algorithmic model.
TradingScreen Inc., a provider of Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, trading and investment technology via software-as-a-service (SaaS), and MainstreamBPO Pty Ltd., an Australian fund administrator, have signed a partnership agreement to connect their systems in order to provide their common clients with front-to-back fund servicing.
TradingScreen's TradePrime, its execution, order and portfolio management offering, will be integrated with FundBPO, MainstreamBPO's platform, and deployed to Asia Pacific asset managers. This will allow asset managers to outsource their entire trade management process--execution, compliance, risk, reconciliation and reporting--to the two partners.
"In their quest for alpha generation and cost savings, asset managers continue to seek cutting-edge, outsourced multi-asset class solutions that cover the full trade life cycle. This partnership agreement has already been endorsed by our clients in Asia. It allows them to concentrate on trading and avoid lengthy and costly implementation," says Nathan Walker, head of sales for South East Asia and Australia at TradingScreen Inc.
TradingScreen's Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term solution, TradeFX, simplifies access to the markets using SaaS technology. In a single window, the buy-side trader can access the entire liquidity available using a streaming, RFQ order-book or algorithmic model. TradeFX also enables the buy-side trader to dynamically hedge secondary FX exposure generated by multi-asset class trading within the platform.
"We are very pleased with our relationship with TradingScreen and the expansion of our value chain to include now full front office to back office fund services. By integrating with TradingScreen's TradePrime platform we are able to achieve complete straight through processing at an affordable cost to our clients," said FundBPO Chief Executive Officer Martin Smith.
TradingScreen Inc., a provider of Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, trading and investment technology via software-as-a-service (SaaS), and MainstreamBPO Pty Ltd., an Australian fund administrator, have signed a partnership agreement to connect their systems in order to provide their common clients with front-to-back fund servicing.
TradingScreen's TradePrime, its execution, order and portfolio management offering, will be integrated with FundBPO, MainstreamBPO's platform, and deployed to Asia Pacific asset managers. This will allow asset managers to outsource their entire trade management process--execution, compliance, risk, reconciliation and reporting--to the two partners.
"In their quest for alpha generation and cost savings, asset managers continue to seek cutting-edge, outsourced multi-asset class solutions that cover the full trade life cycle. This partnership agreement has already been endorsed by our clients in Asia. It allows them to concentrate on trading and avoid lengthy and costly implementation," says Nathan Walker, head of sales for South East Asia and Australia at TradingScreen Inc.
TradingScreen's Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term solution, TradeFX, simplifies access to the markets using SaaS technology. In a single window, the buy-side trader can access the entire liquidity available using a streaming, RFQ order-book or algorithmic model. TradeFX also enables the buy-side trader to dynamically hedge secondary FX exposure generated by multi-asset class trading within the platform.
"We are very pleased with our relationship with TradingScreen and the expansion of our value chain to include now full front office to back office fund services. By integrating with TradingScreen's TradePrime platform we are able to achieve complete straight through processing at an affordable cost to our clients," said FundBPO Chief Executive Officer Martin Smith.