- Reduce settlement times
- Provide real time access to trades
- Leverage technologies to achieve efficiencies
Meet all your secondary trading needs across both the Loan Market Association (“LMA”) and Loan Syndications and Trading Association (“LSTA”) markets with our comprehensive end-to-end loan closing solution that scales as volume of loan trading grows.
Our skilled loan closing team excels in settling trades online and offline while focusing on balance sheet efficiency, delivering solutions that consistently outperform industry time frames.
Services
Documentation review
- Produce and review all loan closing documentation
- Provide Know Your Client (“KYC”) packs to counterparties and agents
- Answer all pop-up questions
- Review all calculations in the documentation
Integrated technology
- Receive trade blotters via Secure File Transfer Protocol (“SFTP”) or direct feeds
- Leverage online platforms to close trades
- Document delivery for trade settlement packs
- Data room access
Closing trades
- Liaise with counterparties to agree trade mechanics
- Engage with agents to ensure timely settlement
- Ensure settlement date co-ordination on LSTA trades
- Calculate and review all costs associated with settling the trade
Benefits
Reduce settlement times
- Engage counterparties on trade date
- Engage with agents on trade date to start KYC process
- Provide power of attorney to reduce signing times
- Reduce clients balance sheet usage
Provide real time access to trades
- Provide access to our online client portal
- Ability to review trade status
- Review delayed compensation calculations
- Provide Management Information System (“MIS”) reporting on both closed and open trades
Leverage technologies to achieve efficiencies
- Receive trades via trade blotter through our data management portal
- Leveraging workflow tool to deliver a common workspace for clients to track and monitor trades throughout the loan closing process
- Our service is integrated with the wider Apex middle office credit service
