http://www.xymbology.com
An enabling solution from FOW TRADEdata combining its premier data feed with Reuters Instrument Codes (RICs) to improve operational efficiency in the derivatives back office.
This enhanced data set will reduce the cost of settlement of contracts executed in a Reuters trading environment by superior data matching to decrease errors and to improve the efficiency of transaction processing. The service offering comprises of an enabling agreement with Reuters and a distribution agreement with FOW TRADEdata for delivery and maintenance of the physical data sets.
Benefits:
- Provides important link in end-to-end transaction capability
- Reduces risk through correct matching of traded contracts
- Improves customer service with lower exception reporting
- Enhances operational efficiency leading to reduced processing costs
- Reduces settlement times and improved collateral management
The TRADEdata service covers over 75 derivative exchanges worldwide.