LSEG has introduced that Publish Commerce Options has launched TradeAgent, a brand new publish commerce processing platform. Developed in collaboration with a consortium of greater than 10 main banks and buyside companies, TradeAgent has been goal constructed to ship sensible options to longstanding publish commerce processing challenges and meet evolving market wants. TradeAgent leverages fashionable expertise to assist business individuals cut back prices and dangers related to cleared and bilateral by-product processing, for fairness and rate of interest swaps, by standardising the complete publish commerce lifecycle. Annabel Harrison, Head of Agent Companies, Publish Commerce Options, LSEG, stated: “TradeAgent gives the market with a real end-to-end commerce processing resolution that simplifies and gives an alternate affirmation course of. Powered by LSEG’s confirmed market infrastructure experience, TradeAgent replaces duplicative processes with a single supply of commerce and settlement knowledge. We’re delighted to be delivering these efficiencies to OTC derivatives processing.”
