| Markit PBWire - The Industry-standard Platform for Prime Brokerage Give-Ups
Markit PBWire is the leading solution for processing derivative give-up trades. It is the only real time tri-lateral system linking the executing broker, buy-side client and prime broker electronically to confirm intermediated trades.
Features
- Standardised electronic notification of Give-Ups
- Real-time, 3-way communication
- Built-in eligibility checks
- Buy-side client and executing broker match trades automatically
- No need for the prime broker to resolve mis-matches
- Rich in functionality, easy to use
- 100% automated, one-step process
- All major global brokers connected
- Fully compliant with Give-Up Agreement terms and conditions
- ISDA® confirmation included: no need for separate legal bi-lateral confirmation
 Top
Additional Features
Markit Wire’s rich and user friendly functionality allows buy-side clients to receive, affirm and confirm trades in one step, communicating directly with broker-dealers and prime brokers over the internet.
Individually tailored, automated emails alert you to incoming deals waiting in a queue. An organized queue of trades await acceptance in the application. Any queries can be dealt with immediately using the real-time chat facility, reducing trade errors to zero.
Top
Winner
Best Utility Technology 2006
Operations Management
Dream Team Award |
|
|
 
|