Derivatives Confirmation Solution

The Derivatives Confirmation Solution consists of three core software components that work together to manage and maintain incoming trades, automate the assembly, production, and distribution of trade confirmations, and Partner Solution support exception processing. The core components are:

• IBM DB2 pureXML to store and maintain trade data, provide high-speed data access services, and support subsequent trade analytics.
• IBM FileNet Content Manager and IBM FileNet Business Process Manager for managing various contract states and orchestrating tasks required to complete the confirmation.
• Thunderhead platform for document generation and contract management.

By leveraging DCS to automate the trade confirmation process and manage critical trade information and confirmation documentation, organizations can derive the following benefits:

• Reduced operational risk
• Improved operational efficiency
• Improved client service
• Increased volume of confirms processed while reducing costly exceptions
• Ability to leverage XML for multi-channel communications
• The ability for firms to leverage external data matching services such as DTCC and SWIFT
• Improved time-to-market for new financial instruments

Derivatives Confirmation Solution includes IBM DB2 pureXML, IBM FileNet P8, IBM FileNet BPM, and Thunderhead NOW. Optional components include IBM WebSphere Application Server, IBM WebSphere Portal, IBM WebSphere Message Broker, IBM Cognos, and others.