SunGard Trading and Risk Systems, formerly Infinity, has released a new Web-based trading and execution service called TreasuryTrader. The service enables banks to provide secure, cross instrument treasury trading for their customers or branch networks through a single, bank branded Web site.
TreasuryTrader, which supports all FX and money market instruments, promises to reduce transaction processing costs by linking with any existing transaction system to provide straight-through processing, say officials.
The service boasts online trade capture, order management, position keeping, P&L and cash management, as well as position aggregation and trade maintenance. It also provides real-time market news, data, charts, quotes, research and analysis, as well as a counterparty credit engine.
SunGard officials also point out a number of key features, such as the ability for banks to capture Customer Relationship Management information, as well as real-time counterparty profiles and links to third party e-commerce solutions. For the end-user, TreasuryTrader provides 24-hour access to real-time information, trade maintenance and position and P&L management, among other features.