Bank 1 Oslo Akershus AS in Norway extended TradeseC with API to Thomson Reuters TRTN hub for FX transactions

Bank 1 Oslo Akershus AS in Oslo, part of the SpareBank 1 Alliance, have extended their usage of TradeseC with an API to capture all FX transactions executed in their Thomson Reuters electronic trading platform environment.

All FX transactions are being validated, and are seamlessly integrated to their portfolio management system, SimCorp Dimension. TradeseC manages the communication validation and distribution between environments, providing the bank with a high level of control and transparency.

“Using TradeChannel as integration partner for the TRTN integration was a natural choice, we already have an integration in place for FX all and TradeChannels knowledge and experience focusing on connectivity and integration is very valuable for us, says Head of Operations at Bank 1 Oslo Akershus AS, Lasse Martinsen.”

Enquiries regarding this announcement and TradeseC should be addressed to

Andreas Bergh, Vice President, Head of Sales, TradeChannel AB, +46 (0) 812 13 95 19

About TradeseC

TradeseC is a highly flexible Internet based communication platform that connects internal and/or external data submitters with the clients portfolio management system or DataWarehouse solution. TradeseC adds value to the clients by making the transaction process efficient, thereby reducing cost, operations risk and increasing data quality.

Regardless of portfolio management system, instruments or protocol TradeseC is capable of supporting current and future set-ups of Investment management organizations.