API Console

Swagger | Microservice

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