TradAir Launches Live Surveillance and Regulatory Compliance Tool
- The company’s solution could revolutionize compliance departments at a time when increased scrutiny over the FX industry is likely
Software providing company TradAir’s has announced that it is launching a new real-time market surveillance and compliance tool. The solution uses elements of big data technology to deliver its proprietary TLA (Total 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 Analysis) product which offers an in-depth view of deal flows and market liquidity.
What the product aims to do is to simplify the lives of compliance departments by analyzing data and assisting companies to be prepared for current and upcoming regulatory and reporting regulations.
Real-time trade data analysis to pro-actively monitor markets and trading behavior is now a necessity
The product is available as a standalone solution or as a module within TradAir’s overall FX trading solution. Commenting on the announcement, the Chairman of TradAir, Clifford Lewis, said, “Clients and regulators tell us that real-time trade data analysis to pro-actively monitor markets and trading behavior is now a necessity.”
The company has used Google Big Data and Big Query for petabyte data storage and in order to retrieve the necessary data in real-time. The service is designed in HTML5 and will be available for white labeling.
Commenting on the announcement, the Head of TradAir Innovation said, “The service provides to the trading markets large unlimited data storage and sophisticated BI overlays. It now delivers our clients and our clients’ clients the tools they need to proactively monitor markets, optimize flow, and respond to regulatory and compliance demands, with no strain on IT or budgetary resource.”
Last week, TradAir announced that the company had been selected by Bank Leumi for the launch of their new eFX Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. In the beginning of the year, TradAir unveiled a $15 million equity round with the funding being pledged as growth capital to expand usage of its FX liquidity technology. The company has recently partnered with SolidFX, which connected their ECN to TradAir’s network.
Software providing company TradAir’s has announced that it is launching a new real-time market surveillance and compliance tool. The solution uses elements of big data technology to deliver its proprietary TLA (Total 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 Analysis) product which offers an in-depth view of deal flows and market liquidity.
What the product aims to do is to simplify the lives of compliance departments by analyzing data and assisting companies to be prepared for current and upcoming regulatory and reporting regulations.
Real-time trade data analysis to pro-actively monitor markets and trading behavior is now a necessity
The product is available as a standalone solution or as a module within TradAir’s overall FX trading solution. Commenting on the announcement, the Chairman of TradAir, Clifford Lewis, said, “Clients and regulators tell us that real-time trade data analysis to pro-actively monitor markets and trading behavior is now a necessity.”
The company has used Google Big Data and Big Query for petabyte data storage and in order to retrieve the necessary data in real-time. The service is designed in HTML5 and will be available for white labeling.
Commenting on the announcement, the Head of TradAir Innovation said, “The service provides to the trading markets large unlimited data storage and sophisticated BI overlays. It now delivers our clients and our clients’ clients the tools they need to proactively monitor markets, optimize flow, and respond to regulatory and compliance demands, with no strain on IT or budgetary resource.”
Last week, TradAir announced that the company had been selected by Bank Leumi for the launch of their new eFX Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. In the beginning of the year, TradAir unveiled a $15 million equity round with the funding being pledged as growth capital to expand usage of its FX liquidity technology. The company has recently partnered with SolidFX, which connected their ECN to TradAir’s network.