More NewsEuropean Asset Manager Goes Live with CheckFree Solution for OTC Derivatives Processing

European Asset Manager Goes Live with CheckFree Solution for OTC Derivatives Processing

CheckFree, part of Fiserv, has announced that a European asset manager has gone live with its post-trade processing solution, CheckFree TradeFlow, for over-the-counter (OTC) derivatives. The implementation extends the existing deployment of the solution for securities, foreign exchange and money markets, which the vendor says will enable the firm to create a single, integrated, post-trade processing platform across all asset classes.

Deployed at its corporate headquarters, the OTC derivatives solution is being implemented by the asset manager in two phases:

  1. The first phase, now live, delivers confirmation processing and advanced exceptions handling for credit derivatives trades through DTCC Deriv/SERV.
  2. Phase two is designed to implement a complete post-trade event management solution and support for additional business processes, including terminations, assignments, increases and amendments. The asset manager has worked in close cooperation with CheckFree to develop the solution, enabling all trade confirmation and post-trade activities to be managed throughout the lifecycle.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

4w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

6m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha