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Galle Global Macro Partners Selects Traiana's Harmony Solution
Galle Global Macro Partners LLC, a global hedge fund, has signed up for Traiana’s Harmony service for post-trade processing of foreign exchange, futures and equities.
Connected to over 500 firms including major banks, brokers, trading platforms, third-party vendors and buy-side firms, Harmony provides complete end-to-end automation of the post-trade, pre-booking process, reducing operational risk and costs, according to the release.
"At Galle, we're committed to adopting industry standards throughout all stages of the trade lifecycle, commented “Thomas Barket, COO and CRO of Galle Global Macro Partners LLC, in the release. “The Harmony solution provides the advanced post-trade technology we need to reduce operational risk, increase efficiency and, ultimately, help us to better serve our investors,” stated Barket.
According to Harmony’s co-founder and general manger Roy Saadon, who is quoted in the release, “Harmony is committed to reinventing the post-trade process. Today clients can expect the same advanced post-trade infrastructure in futures and equities as they do in foreign exchange.”
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio