OTC Derivatives STP
Do You Need to Improve Derivatives Processing Efficiencies?
Each of the systems in the OTC derivatives post-trade process, such as Order Management, Matching, Valuation, and Settlement were developed or bought as a standalone system each with their own data definitions. As firms seek to improve straight-through processing (STP) rates, these systems are being integrated with each other, utilities, custodians and counterparty applications leading to the problem of managing diverse and constantly evolving data models.
- Do you need to improve your derivatives messaging development efficiencies?
- Are you embarking on new derivatives projects?
- Are you looking for a better way to parse, transform and integrate FpML messages?
Streamline Derivatives Development With C24
Rather than dealing with the costs and project delays of learning many financial services standards, hand-coding and testing schemas, transformations, and validation rules, C24 Technologies’ OTC Derivatives STP solution lets developers use model-driven tools to import FpML data models, configure changes and specialize data for various constituents—from partner applications to business analyst spreadsheets. With higher rates of automation, errors are reduced, there is less ambiguity with counterparties, and financial organizations significantly reduce the risk of failed transactions.
C24's OTC Derivatives STP solution includes C24 Integration Objects Studio, runtime, reference implementations and pre-built financial messaging standards libraries for FpML, SWIFT Derivatives and MarkitSERV. Deployable as SWIFT Java objects, you can leverage your existing investments in Java middleware, such as Spring or Fuse.
Immediate Benefits with C24 OTC Derivatives STP
Financial organizations worldwide rely on C24 Integration Objects to:
- Quickly address new derivatives regulatory requirements
- Reduce the occurrence of failed transactions and invalid data sent between systems
- Complete messaging projects on time and on budget by using model-driven tools and pre-built standards libraries
C24 Integration Objects (C24-iO) is a data modelling, meta-data management, transformation, and messaging integration solution based on Java data binding technology...
C24-iO Standards Libraries are specialised data models for specific integration scenarios like payments, securities and OTC derivatives automation. The libraries fully encapsulate standards such as SWIFT MT-MX, ISO 20022, SEPA, FpML and FIX...