TRM – Client Servicing

TRM Client Servicing Solution provides clients with concise, real-time reporting of valuation, trade life cycle, and settlement events across products, counterparties, portfolios, and traders.

TRM Client Servicing creates a differentiated service offering for agency and intermediation clients by providing real-time analytics, cash ladder and settlement details across the enterprise. Matched book and dispute resolution details mean that disputed settlement can be sorted pre-settlement avoiding costly and time consuming post-settlement resolution. TRM-Client Servicing is integrated with industry standard pricing and yield curve market data to provide valuation around both scenarios.

Industry Challenge

The proliferation of alternative investment firms has fueled the growth of the OTC derivative market place as fund managers have sought higher and higher returns. This growth when accompanied by gaps in initial trade confirmation, incomplete reporting of subsequent assignment activity and large variations in terms of margin requirements means that overall exposure can quickly overwhelm both parties to the deal. There is strong need for timely, independent reporting and reconciliation of both current and position based trading activity.

Functionality

Valuations – real-time market-to-market, present value and other analytics
Reset management – projected and actual reset events including projected accruals
Settlements – net currency settlement with drill-down to underlying cashflows and trade tickets.
Trade Lifecycle Events – Assignment, novation, option exercise and expiry reporting
Portfolio Reconciliation – reconciliation of trade portfolio between bank and clients
Event Reconciliation – automated reconciliation of settlement and reset events
Dispute Resolution and Tracking – full tracking, monitoring and reporting of dispute resolution

Benefits

Reduced operational cost of trade processing -fully automated workflows
Substantially lowers risk - from basic trade operations to more sophisticated multilateral transactions
Leverages what works today - Interfaces to all industry and internal platforms
Differentiated client service offering - Application white-labeling allows dealers to offer differentiated, cutting-edge solutions and service to their clients