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Difference between revisions of "OFMP/Counterparty Management"

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Counterparty Management means for now managing 2 types of counterparties:
 
Counterparty Management means for now managing 2 types of counterparties:
- Banks
+
*Banks
- Private Customers
+
*Private Customers
  
 
To ensure the FrontOffice to BackOffice trades communication, for interbank trades OFMP manage the link between Front Office platforms banks Ids and Back Office platform banks Ids.
 
To ensure the FrontOffice to BackOffice trades communication, for interbank trades OFMP manage the link between Front Office platforms banks Ids and Back Office platform banks Ids.
  
Every bank may also be marked as being part of the CLS system, so that OFMP can mark trades as [
+
Every bank may also be marked as being part of the CLS system, so that OFMP can mark trades as [http://en.wikipedia.org/wiki/Continuous_linked_settlement CLS compliant].
http://en.wikipedia.org/wiki/Continuous_linked_settlement CLS compliant].
+
  
 
At the service level, OFMP support standard management methods like create, update, enumerate counterparties.
 
At the service level, OFMP support standard management methods like create, update, enumerate counterparties.

Revision as of 03:36, 24 April 2008

Counterparty Management means for now managing 2 types of counterparties:

  • Banks
  • Private Customers

To ensure the FrontOffice to BackOffice trades communication, for interbank trades OFMP manage the link between Front Office platforms banks Ids and Back Office platform banks Ids.

Every bank may also be marked as being part of the CLS system, so that OFMP can mark trades as CLS compliant.

At the service level, OFMP support standard management methods like create, update, enumerate counterparties.

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