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CCP Gateway Hub

Overview

A central counterparty (CCP) provides market participants the ability to trade with reduced capital requirements, enhanced risk management and operational efficiency in a regulatory environment that is changing the landscape of securities lending.

Pirum's CCP Gateway enables bilaterally traded business to be sent to a CCP for novation by leveraging post-trade automation connectivity to access central clearing platforms. The solution offers seamless integration to the CCP using the same bilateral trading processes that exist today so allowing relationships to remain intact and preserving the existing business models. The solution provides simple access to the proven benefits of a central clearing model including improved capital and operational efficiencies, wider distribution channels and single counterparty exposure.

Key Features

Real-Time

Trades are automatically sent to Pirum for immediate matching and novation.

Bilateral relationships

The Gateway supports existing trading processes and provides access to the CCP benefits of capital efficiency.

Access/Distribution

Access to CCP via the Gateway enables wider points of trade origination without direct exposure to the trading partner.

Key Benefits

Efficiency

Real-time solutions for the full post trade lifecycle including marks, returns, rate changes, cancellations, billing and corporate actions.

Simple implementation

Gateway re-uses existing Pirum post-trade connectivity with no direct CCP interfaces required.

Product/Service Details

User Suitability (Capital Markets & Investment)
Asset Services, Brokerage, Trading
Geographic Availability
Europe
Asset Class Coverage
Equities
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