Transaction Processing White Papers
Automating the Confirmation of Derivative Trades
Overview Trading in derivatives continues to grow at a rapid pace. Failure to confirm derivative trading transactions in a timely manner creates considerable risks, particularly for sell-side firms. Not surprisingly, firms are seeking ways to improve their derivatives confirmation processing and thereby minimize their risk and exposure. Increased automation is critical to such efforts. This paper outlines a derivatives confirmation solution architecture designed to help financial markets firms minimize or eliminate many manual steps that often occur during the post-trade phase of OTC derivatives. Workflow management, database management, document templates, and message queuing software combine to form a cohesive architecture for managing the derivatives confirmation and trade maintenance processes.
| Publisher | IBM | File Format | |
|---|---|---|---|
| Date Published | September 2007 | Downloads | 4 |
| Format | White Papers | ||
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