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Our processing services sit at the heart of the post-trade lifecycle across OTC and exchange traded derivative markets, standardising and automating workflows across asset classes.
Our processing services sit at the heart of the post-trade lifecycle across OTC and exchange traded derivative markets, standardising and automating workflows across asset classes.
By standardising workflows, trade and reference data, contract terms and interfaces, we reduce complexity and eliminate duplication throughout the post-trade lifecycle, automating the messaging and matching required to confirm, give-up, allocate, clear and report trades.
Built through decades of partnership across the industry, our trade processing platforms include MarkitWire, TradeServ, Trade Manager and Traiana’s Harmony and Clientlink services. Our experts continue to work with customers, partners and regulators to steer the industry through constant evolution and regulatory change.
The first step in many OSTTRA trade processing workflows. Trade affirmation is simplified by our centralised platforms, where counterparties can review trades submitted by brokers, dealers or trading venues via a single consolidated user interface.
Acceptance triggers the next step in the post-trade lifecycle, typically trade booking and confirmation, while any discrepancies or disputes are efficiently managed via streamlined workflows between counterparties.
Confirming trade details by matching or affirming counterparty trade submissions is a vital process that sits at the heart of many of our workflows. Legal confirmations are created using standard terms managed by our platforms.
At the same time confirmation of other lifecycle steps such as give-ups, allocations and custodian bookings are also efficiently matched and communicated on our network, ensuring timely confirmations and eliminating trade breaks early in the post trade lifecycle.
Our comprehensive set of allocation matching, processing and break management services simplify and centralise the allocations process.
Enabling investment management firms to allocate post-trade on either a bilateral basis or via give-ups to multiple Prime Brokers, ensuring accurate booking of fund and account level trading activity.
Our clearing services enable submission of trades across asset classes for central clearing at a wide range of CCPs around the globe. With support for the messaging and workflows required by all clearing participants, including both block and allocation level clearing for dealer-to-dealer and client-to-dealer trading activity.
Our clearing services help you comply with mandatory clearing obligations, reducing settlement risk and costs.
Trade reporting across multiple regulatory regimes is an integrated part of our trade processing workflow across a number of asset classes.
Using configurable rules and standardised data for each counterparty, our services support the full reporting lifecyle, including UTI generation, trade enrichment, initial submission and lifecycle events.
Reach thousands of counterparties, brokers, CCPs, trade repositories and other service providers via our unparalleled post-trade network
Reduce complexity and duplication with standardised workflows, trade and reference data, contract terms and interfaces on our centralised, shared trade processing platforms
Work alongside our experts as we engage and steer the industry through constant regulatory and technical change
Trust our established platforms which process more than 80 million trades a month across OTC and exchange traded derivative markets
Whether processing bi-lateral FX trades, or managing the complexities of triparty workflows arising from Prime Brokered transactions, our FX Trade Processing services are built on decades of industry collaboration and integration. Highlights include:
Our central platform for the processing of Interest Rate Derivatives, OSTTRA MarkitWire, has been instrumental to the automation of Rates post trade workflows for more than two decades, processing more than 90% of all Interest Rate Derivative transactions. Highlights include:
Our Repo Trade Processing service automates the post-trade workflow from initial confirmation through the contract lifecycle. Built on our trusted OSTTRA MarkitWire platform, with its established network of 2,000+ firms, our solution centralises and streamlines Repo processing for all market participants. Highlights include:
Our central platform for processing Credit Derivatives, OSTTRA TradeServ handles 99% of all bilateral Credit trades, streamlining the legal confirmation process and automating the trade lifecycle, including submission of trades to DTCC’s Trade Information Warehouse. Highlights include:
Our platform for the processing of Exchange Traded Derivatives, OSTTRA ETD ClientLink, has been instrumental in the automation of ETD post-trade workflows for more than a decade, driving the evolution of ETD trading and clearing processes. Highlights include:
From trade notifications to give-ups, legal confirmations to trade reporting, our platforms sit at the heart of Equity Derivatives post-trade. Processing bilateral and triparty trade flows, our network streamlines industry workflows, normalising connectivity and achieving trade certainty as early as possible in the trade lifecycle:
Product types supported: Contracts for Difference (CFDs), Portfolio Swaps, Total Return Swaps, Basket Swaps, Options, Variance Swaps, Volatility Swaps, Dividend Swaps, Accumulators.
Instruments supported: Convertible Bonds, Custom Baskets, Futures, Indices, Sectors and Single Names.
From messaging & matching to netting & clearing, OSSTRA’s centralised Cash Equities services play a vital role in reducing operational risks, streamlining workflows and reducing costs associated with the processing of OTC equities. Highlights include:
Global refits of regulatory reporting regimes are now in effect. Our services are ready for the new regimes.
As part of the Investment Management community, benefit from a consolidated single view of your trading activity across Rates, Credit, Equity, FX, Paper and now Repo. OSTTRA Trade Manager supports the affirmation, ‘matching’ and confirmation of electronic cleared/non-cleared transactions and paper-based or ‘long form’ deals.
Benefit from seamless integration with underlying OSTTRA platforms including OSTTRA MarkitWire and OSTTRA TradeServ.
Multiple connectivity options are supported including:
1. SFTP location / GUI csv. file upload
2. FPML API submission by MQ channels, Web or VPN.
Complex, nonstandard trades continue to be captured and confirmed via long-form paper documents, and while this process offers flexibility and diversity to investors, it creates significant operational cost and risk. Our new paper digitisation module uses AI to adapt to any type of paper transaction, irrespective of length or format. Investment Managers can process the more complex non-standard derivatives transactions alongside their existing electronic trade flow, allowing them to monitor all their OTC trades in one place – OSTTRA Trade Manager. Learn more
As new regulations and market structure changes force the OTC derivatives markets to evolve, there is an increasing need for industry participants to manage their OTC derivatives portfolios and risk exposures in a more dynamic manner. This can translate to pressure on market participants to perform numerous changes to multiple OTC derivatives trades, with significant costs and associated risk.
Our Custom Processing service helps market participants meet the challenges related to bulk changes for OSTTRA MarkitWire and OSTTRA Trade Manager trades, designing automated solutions, executing trade processing events and coordinating counterparty communications, complemented by deep product expertise.
Our CLS connectivity service allows users to send their initial and final exchange payments for cross-currency interest rate trades directly to CLS for settlement. The workflow utilises the OSTTRA MarkitWire to CLS connectivity for settlement updates and notifications.
The service includes a self-service and customisable analytics tool to monitor workflow efficiency for eligible transactions which can be filtered against any counterparty, currency pair, and more. Additionally, the tool consolidates all CLS eligible trades and can drill down to trade level or export to spreadsheet for further reconciliation.
A network for sending and receiving notifications of execution between venues and counterparties for trade booking and onward processing.
Our global network is essential to efficient tri-party trading workflows, providing a single connection to give up trades in multiple asset classes across all prime and clearing broker relationships.
To find out more about our end-to-end post-trade solutions, please share your details with a short message and we will get in touch with you soon.
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