Global technology provider Fiserv has enhanced the functionalities of its post-trade processing suite, TradeFlow, by combining various new industry standard methodologies to boost its asset class coverage and post-trade transaction processing.
Due to this upgrade, users will be able to avail all post-trade processing offered through a single technology, which will enhance operational efficiency, lessen risk and boost transparency.
TradeFlow will now support Exchange-Traded Derivative (ETD) Settlements, SWIFT MT515 Confirmation, FX Non-Deliverable Forwards, OTC Notifications and Repurchase and Reverse Repurchase Settlements.
The post-trade processing suite will support future OTC derivative post-trade and clearing activities, as well as the SWIFT Global ETC initiative.
Fiserv institutional management solutions, investment services general manager Mike Foster said TradeFlow is the only technology, which is message-type agnostic and delivers 16 different asset class modules.
"The enhancements to TradeFlow will allow our clients to achieve greater depth and flexibility, while also meeting their regulatory requirements," Foster added.
As a complete transaction processing technology, TradeFlow allows users to manage the entire post-trade process from trade capture to settlement confirmation, all in a single, integrated environment.