TRADExpress RealTime Clearing

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The TRADExpress RealTime Clearing is a clearing and risk management solution from Cinnober Financial Technology. It was launched in April of 2009.

The company maintains that the system was developed to meet increased demands for high-performance clearing services born out of the credit crisis.[1]

Touted as an all-purpose system, it targets both established and emerging clearing organizations and exchanges. It covers a chain of services for the clearing organization as well as for its members – from trade execution to settlement. It gives users the the ability to calculate risk and margin in real-time, pre-trade if desired.[2]

TRADExpress RealTime Clearing is built on the TRADExpress platform. The solution can utilize risk-related algorithms and uses standard protocols, such as FIX and SWIFT.

References

  1. Cinnober Launches Real-Time Clearing And Risk Management Solution. Euro Investor.
  2. Cinnober Takes On Clearers With All-Purpose System. Financial News.