TradeSuite ID delivers substantial efficiency and cost savings to firms through automated electronic trade agreement between counterparties. This streamlined end-to-end process reduces operational risk by eliminating manual and verbal communications, while accelerating the time from trade date to settlement. Since firms no longer need to generate and deliver paper confirmations to counterparties, the savings from printing, mailing and storing trade documents can be significant.
In an environment where change is constant and reliability often elusive, TradeSuite ID’s solid history and 99.99% availability supporting mission-critical operations stand out. It sets the bar for dependability of electronic trade agreement — even at high volumes of over 2 million confirmations per day.