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3i, Trayport to collaborate in risk management

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CIOL Bureau
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BANGALORE, INDIA: 3i Infotech, an information technology company, today announced that it is working with Trayport Limited, a GFI Group company and provider of multi-asset class electronic trading solutions, to integrate its risk management solutions into Trayport’s GlobalVision electronic trading platform.

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This collaboration will facilitate integration between 3i Infotech’s AWACS (Advanced Warning and Control System) specialist risk management and surveillance solution and Trayport’s GlobalVision, said a press release.

AWACS works to protect the integrity of exchanges and other institutions active in the banking and capital markets from fraud, manipulation and abusive practices.

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

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“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 recognizing what the market and its participants need in terms of risk management, and then providing a system that can adapt to offer this.”

According to Neil Ridgway, Director, Asset Management and Capital Markets, 3i Infotech – Western Europe, “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.”

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