SWIFT The global provider of secure financial
messaging services

Derivatives

Enabling automation for OTC derivatives transactions

Overview

Our Derivatives solution involves the exchange of FpML messages for OTC derivatives over SWIFTNet. It enables you to leverage your existing SWIFTNet infrastructure to provide a flexible, multi-lateral messaging solution for derivatives messages.

FpML-compliant messages (XML syntax) are transported using the InterAct store and forward service.

The solution caters for the transport of contract notification messages between buy-side and custodians.

It also include the cancellation of post-trade events. Furthermore, it covers the confirmation messages between trading counterparties, and the validation of all transported messages.

Benefits


  • Reduces operating costs
  • Prepares you for additional counterparties
  • Encourages adoption of FpML messages
  • Helps you meet regulatory requirements

Download the derivatives factsheet