(LONDON, UK) Xtrakter^®, the market utility, is pleased to announce the arrival of TRAX iMatch™.  TRAX iMatch™ is the next generation in trade matching and confirmation solutions for the capital market, offering subscribers remote access to the TRAX^® community for the very first time.

TRAX iMatch™ is a new remotely hosted trade matching solution from Xtrakter^®, allowing market counterparties access to the TRAX^® community without the need to build dedicated gateways or interfaces. It provides all the capabilities of TRAX^® v2.9 but on a demand basis only.  

 

Kevin Milne, Chief Executive, Xtrakter^® commented: “TRAX iMatch™ is the ideal solution for lower volume firms who have limited technology budgets or firms who are located in higher risk territories, as it provides all concerned parties with an immediate independent confirmation of the trade, thus reducing operational risk across the board. This is delivered to any customer with Internet access and a web browser.”

 

 

TRAX iMatch™ offers clients the following benefits:

 

 

• 100% on demand service

• No subscription costs

• No installation costs

• Multi-tenancy platform

• Pre-existing matching community

• All the benefits of TRAX v2.9
  
  
  

TRAX iMatch™  builds on the success of TRAX® v2.9 the leading post-trade, pre-settlement, trade matching & regulatory confirmation system in use by the OTC market, operating successfully since 1989. The TRAX^® community consists of over 200 hundred members based globally and TRAX process 1.5m transactions daily.

 

TRAX iMatch™ is the ideal trade matching solution for both buy and sell side practitioners who desire access to a dedicated community without the need to incur any IT development costs. To find out more about this innovative solution click here: TRAX iMatch or e-mail us by clicking here: TRAX

 

More information:

 

Conor Coughlan
Marketing and Communications
Tel:  +44(0)20 7510 2692
Fax: +44(0)20 7538 4902
Click here to e-mail 

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