Reduce the Risk of Unknown Trades or Assignments on Trade Date

Afffirming trades by telephone, fax and email is time consuming and can be problematic. Whether it's misplaced paperwork, inefficient processes or sheer volume, trades often are unconfirmed for upwards of 30, 60 or even 90 days.

Increasingly, firms (as well as regulators and industry groups) are recognizing that unconfirmed trades increase operational risk and pose a threat to the overall financial industry.

Communicator's Trade Date Tie-Out service automates and streamlines the OTC derivative process, reducing the risk of unconfirmed trades on trade date. Our automated platform makes confirming trades much easier, more efficient, and provides a complete audit trail.

Our Trade Date Tie-Out service includes:

• Rapid notification of critical issues. Receive real-time alerts on issues, including DK'd and potentially unbooked trades and disputes
• Address assignments on trade day. Counterparties are notified and can affirm novations on trade day, reducing the risk of unknown assignments
• Elmininate risk up-front. With a consistent and auditable process - and immediate notification of missing, DK'd and disputed trades - the process of verbal confirms and text/emailed messages is dramatically improved
• Complete view of daily trades. Counterparties gain real-time visibility to alleged trades on trade day for earlier identification and resolution of high risk situations

Trade Date Tie-Out Novations Alert Industry Matching Utility Integration Confirmations