SwapsWire - OTC Derivatives Trades ISDA-Confirmed Within Minutes of Execution Today's Trade Today
About Us
Services
Client Forum
Newsroom
Contact Us
 *   * Broker-Dealers * Broker-Dealers *
*
  * Buy-Side
*
  * Inter-Dealer Brokers
*
  * Prime Brokers
*
  * OTC Products
*
  * Trade Life Cycle
*
 
*
 
*
* Home * * Privacy/Legal   * Tell A Colleague
*
* * *
** How Does SwapsWire Work?
*
* All Steps of the Trade Life Cycle Are Automated and Simplified
*
* SwapsWire Streamlines Processes and Improves Workflow
*
* How Do I Sign Up?
*
*
Hot Topics
*
** Interest Rates
*
* Equities
*
* Credit Derivatives
*
Printable Format		 * The Leading Electronic System for Same-day Trade Capture, Legal Confirmation and Workflow Management - SwapsWire is currently used by fund managers for thousands of funds throughout the world

Features

  • No charge for access or usage
  • Trades confirmed in real time with broker-dealer front office
  • Easy to use internet application with a simple sign-up process
  • Reduces errors, cuts risk
  • Affirmation and confirmation in a single step for legally confirmed trades on trade date
  • Streamlines workflow processes
  • All major global broker-dealers and prime brokers connected
  • Flexible integration options

 


How Does SwapsWire Work?

SwapsWire’s rich and user friendly functionality allows buy-side clients to receive, affirm and confirm trades in one step, communicating directly with broker-dealers and prime brokers over the internet.

Individually tailored, automated emails alert you to incoming deals waiting in a queue. An organized queue of trades await acceptance in the application. Any queries can be dealt with immediately using the real-time chat facility, reducing trade errors to zero.

* Top
*

All Steps of the Trade Life Cycle Are Automated and Simplified

There are no delays, no backlogs and a single step process completes both affirmation and legal confirmation for new trades, allocations, unwinds, assignments and other trade processing steps.

Novations

  • The novation process combines consent and documentation into one action and fully complies with the ISDA Novation ProtocolSM

Allocations

  • Block trades can be allocated to many funds; splits can be created on screen or uploaded from spreadsheets or file
  • Trades can be allocated by either party
  • Allocations are automatically created and confirmed at split level

* Top
*

SwapsWire Streamlines Processes and Improves Workflow

  • Full trade details are captured in an electronic ticket
  • Internal systems are easily reconciled with SwapsWire
  • Workflow can be customised and data shared to comply with internal approval procedures
  • Administrators can access specific portfolios of trade data .

* Top
*

How Do I Sign Up?

SwapsWire’s legal terms can be downloaded from the End User Sign Up section of our website. A single authorized signatory covers all entities managed by a fund manager. There is no need to sign any bilateral documentation with your counterparts. Configuration and setup can be completed within a week. There is no software or hardware installation requirement.

* Top
*

ISDA® and Novation ProtocolTM are a trademarks of the International Swaps and Derivatives Association, Inc

 * Contact Us For A Demonstration
*
* * *
** Buy-Side Integration Options
*
*
*
* Enlarge 
*
* * *
  Owned by a Consortium of 21 Major Derivatives Dealers:
*
*
©SwapsWire 2007