Bloomberg offers real-time, multi-asset-class solutions that streamline post-trade workflows, allowing users to rationalize the trade lifecycle and increase efficiencies across the middle office. Bloomberg’s solutions can reduce operational risk and cost while providing post-trade process automation to both buy-side and sell-side market participants.
Post-Trade Services:
- Confirmations, Allocations and Clearing Status
- Regulatory Reporting
- Exceptions Management
- Collateral Management
Block Trade Confirmations
Bloomberg’s voice trade confirmation system, VCON, facilitates the matching, affirmation, confirmation, and allocation of trades, so you can reduce trade risks and errors that may occur when executing over the telephone. The service allows you to manage and monitor trades on your blotter in one centralized location, providing an integrated solution for accurate post-trade processing.
Allocations
Bloomberg offers trade allocation solutions that facilitate the communication of instructions between investment managers and broker-dealers electronically, enabling you to reduce costs and operational risks. Our range of integration options makes it fast and easy to connect your current setup to Bloomberg’s system.
Clearing Status Monitoring
Bloomberg offers services that enable users to monitor, in real-time, the clearing status for CDS and IRS trades that have been executed across all central counterparty clearing houses (CCPs) for which Bloomberg provides connectivity.
Confirmation, Matching and Settlement for FX
Bloomberg’s FX Confirmation Matching Service (FX CMS) compares and reconciles post-trade information submitted by the counterparties to an FX trade (including allocation information and settlement instructions) to generate an affirmed confirmation. The affirmed confirmation may then be transmitted to a customer’s custodian or used to effect settlement. Electronic post-trade communications between counterparties can mitigate operational risks, improve cost efficiency and align the best practices for post-trade processing. FX CMS is seamlessly integrated with Bloomberg FXGO, a market-leading commission-free multi-bank trading platform.
Bloomberg offers a complete suite of solutions to firms impacted by evolving regulatory trade and transaction reporting demands. Our global, cross-asset, multi-regulation solutions fulfill the needs of firms across all markets, including buy-side, sell-side and market infrastructure providers. Bloomberg’s Regulatory Reporting Services can be easily integrated into any firm’s workflows, via standard APIs or with Bloomberg’s own order management, execution and confirmation solutions.
FailStation (FSTN) is a post-trade solution that aggregates real-time pre- and post-settlement exceptions for investment managers, custodian banks and broker-dealers. FailStation allows you to easily prioritize and resolve exceptions and fails quickly and efficiently. The solution also provides customized reporting to help analyze fail trends.
Bloomberg Collateral Management (BCOL) is an end-to-end collateral management and processing hub that provides clients with a straight-through solution to holistically manage and monitor their exposures and collateral positions in real time. Powered by Bloomberg’s world-class pricing library, BCOL features cross-product support and regulatory compliance, including variation and initial margin (SIMM/CCP) calculations, portfolio reconciliations, inventory management and scenario analysis.