Trade Capture

Manage trade notifications via one single connection to our unparalleled network – source execution notices from hundreds of venues to thousands of clients, transform data, integrate, and automate trade booking.

Give Up Messaging

Notify Prime Brokers of trades and allocations via a single, consolidated interface. Our network underpins the FX Prime Brokerage community, ensuring efficient communication of trade details and status throughout the give-up process.

Trade Affirmation

Affirm broker or venue published trades via a single user interface to trigger straight through processing direct to downstream systems.

Trade Matching and Confirmation

Match trade details from two or more counterparties to enable multiple workflows, from legal confirmation to give ups, clearing to allocations.

Allocations Processing

Ensure accurate booking of fund and account level trading activity with comprehensive allocation processing and break management – either on a bi-lateral basis or via give-ups to multiple Prime Brokers.

Clearing Connectivity

Manage the clearing workflow with CCPs across multiple jurisdictions via our centralised platform that supports both block and allocation level clearing connectivity for dealer-to-dealer and client-to-dealer trading activity.

Credit Management

Document, manage and monitor limits while dynamically distributing credit across FX venues in real time, using our integrated suite of credit risk management services.

Portfolio Reconciliation

Automate portfolio reconciliation across multiple counterparties and trade repositories via our unrivalled network. Streamlined, exception-based workflows efficiently detect and resolve disputes and differences.

Initial Margin Analytics

Calculate trade sensitivities and analyse initial margin requirements based on standard models.

Collateral Management

Calculate, manage and automate collateral requirements via a consolidated dashboard for maximum operational efficiency.

XVA Calculations

Streamline XVA risk calculations via our centralised service that uses transparent, consistent models across FX instruments.

Cash Flow Management

Automating the cash-flow-processing challenge with a standard workflow and matching engine, to reduce risks and deliver transparency.

PvP Settlement Orchestration

Mitigate bilateral FX settlement risk, while optimising intraday funding and liquidity, using our on-demand Payment vs Payment (PvP) settlement orchestration service.

Portfolio Compression

Compress FX swaps, forwards and NDFs on a multilateral basis, terminating trades to reduce capital and operational costs, critical in times of market stress.

Counterparty Risk Optimisation

Optimise FX portfolios by lowering initial margin funding costs and SA-CCR capital requirements, freeing up collateral, and reducing systemic risk.

Basis Risk Management

Manage basis risk in trading portfolios using our services to reduce fixing and strike risk that accumulate over time.