Traiana goes live, adds brokers

Deutsche Bank, as a prime broker, and one un-named executing bank began using the interface to Traiana’s Trading Relationship Management (Traiana TRM) and Traiana Harmony software last Monday (October 13). The system automates the ‘give-up’ of FX prime brokerage deals from executing banks to prime brokers.

"The bank-to-bank process has been historically challenging and a barrier to growth in our business," said Andrew Coyne, London-based head of FX prime brokerage and global liquidity servic