API Console
Executive Summary
This Service Domain supports the bank offering tri-party repo transactions made between its customers to support their short term capital management requirements
Examples of Use
A bank handles a government securities repo transaction between two customers to enable the ‘borrowing’ customer to meet their short term capital needs
Role Definition
Stock lending and repos (repurchase agreements) support the tri-party repo where the bank conducts the transactions with both the seller and buyer of the securities protecting both their interests (ensuring cash is transferred and the security delivered as agreed) to support the short term purchase/loan transaction. Term and open repos can be supported, the latter involving more complex credit considerations.
Related Business Scenarios
Core Business Object
Key Features
- Capture and agree repo transaction details with lending and borrowing customers
- Oversee the cash movements underlying the transaction
- Oversee the securities movements underlying the transaction