Swaptimization is a technology solution designed to provide automation to global equity total return swap (TRS) trading workflow. Swaptimization utilizes a proprietary matching algorithm to pair natural positions across market participants to facilitate bilateral security-based TRS in an efficient, centralized and scalable manner. Building off of EquiLend’s industry-leading and award-winning position in the secured financing and collateral trading technology marketplace, Swaptimization will deliver automation and efficiency to equity TRS trading. By using Swaptimization’s intuitive, Web-based user interface, access to liquidity is a few simple clicks away.
Transforming The Total Return Swap Workflow With Swaptimization:
- Trade execution lifecycle management in single-name equity TRS
- Reset, maturity and unwind notifications
- Basket maintenance and advisory of key swap attributes including corporate actions, upcoming resets and maturity dates
- Hard to borrow indicator for improved optimization
- Customization of term sheets
- Data analytics and benchmarking of portfolio activity relative to the broader marketplace
- Short sale restricted notifications
- Read-only functionality for trade support and datacapture obligations
Key Attributes Of Swaptimization:
Funding Functionality In Swaptimizition
Offering users the flexibility to validate funding for notional values, Swaptimization’s Funding feature also ensures compliance with collateral schedules.
Funding Benefits For Clients:
NGT offers various ways for clients to connect into the eco-system. An intuitive web-based interface allows for traders to transact over the platform, providing a best-in-class user experience while going about their day-to-day trading activities. This includes a real time Order Book, Trade Blotter and a robust series of filters and screen downloads.
For clients who prefer Straight-Through Processing (STP), EquiLend offers a full set of messaging protocols to connect straight into the NGT engine. Borrow requests, Trade offers, execution and trade bookings can all be fully integrated into our clients’ proprietary systems, combining the power of NGT and our clients’ systems for a seamless front-office workflow solution.
NGT is designed and built for full interoperability between the different modes of integration, meaning clients can be fully agnostic to how their counterparties use NGT.