API Console
Executive Summary
This Service Domain maintains key counterparty reference information used in the clearing and settlement of wholesale trading
Examples of Use
Back office clearing and settlement references the counterparty details to assemble a funds transfer as part of an equity trade using the counterparty details to generate the associated SWIFT based payment exchange
Role Definition
Maintain and provide access to the counterparty reference details to support trading/payment activity. This includes SWIFT addresses, standard settlement instructions that are published. The data is typically acquired using a market feed for the default values, but the facility can support the maintenance of specific details and instructions that apply to the counterparty relationship overriding the public default
Related Business Scenarios
Core Business Object
Key Features
- Consolidate counterparty market feed data
- Qualify data and maintain counterparty directory content
- Provide access to counterparty reference records