API Console

Swagger | Microservice

Executive Summary

Confirm that all involved counterparties are suitable for a proposed market trade.

Examples of Use

An investment manager confirms that a proposed investment meets suitability requirements for the customer

Role Definition

Confirm that all involved counterparties are suitable for a proposed market trade. The checks address regulatory requirements to ensure involved parties are suitably qualified/knowledgeable to participate in the type of trading activity (e.g. in the US suitability is defined by FINRA Rule 2111)

Related Business Scenarios

Handle Request for Issuance of Commercial Paper
Handle Request for Investment Plan

Core Business Object

Suitability Assessment

Key Features

  • Determine suitability requirements
  • Match these to the prospective investor
  • Perform confirmation checks with the customer
  • Report and document the results of the suitability checks as appropriate