Trayport and 3i Infotech share technology to minimise risk

publication date: Oct 29, 2008

Trayport Limited, a GFI Group company and leading provider of multi-asset class electronic trading solutions, today announced it is working with 3i Infotech to integrate its risk management solutions into Trayport’s GlobalVision electronic trading platform. 3i Infotech is a global information technology company that provides technology solutions to the asset management, banking, capital markets and insurance sectors in more than 50 countries.

This collaboration will facilitate integration between Trayport’s GlobalVision and 3i Infotech’s AWACS (Advanced Warning and Control System) specialist risk management and surveillance solution.  AWACS works to protect the integrity of exchanges and other institutions active in the banking and capital markets from fraud, manipulation and abusive practices.

Trayport’s GlobalVision is designed to interact seamlessly with risk management systems. This gives an exchange, its members and associated clearers complete control over position and margin management, market exposure, trading limits and market entry. Through this, an exchange has access to an entire pre- and post trade view of its market.

“We are pleased to be working with such a significant global information technology company as 3i Infotech,” said Adrienne Quinn, Head of Exchange Systems Business, Trayport. “For Trayport, it is all about recognising what the market and its participants need in terms of risk management, and then providing a flexible system that can adapt to offer this. In the current financial climate, risk management for exchanges is an important issue and having a direct API to AWACS enables risk operations to highlight, manage and stop fraudulent or suspicious activity, in real-time”.

"3i Infotech has seen an exponential growth in the demand for more comprehensive risk management solutions from exchanges and OTC markets worldwide. Our partnership with Trayport therefore provides a mutually beneficial and powerful trading and risk management solution, not only for us, but also more importantly our clients worldwide,” said Neil Ridgway, Director, Asset Management and Capital Markets, 3i Infotech – Western Europe.