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Difference between revisions of "OFMP/Counterparty Management"
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*Private Customers | *Private Customers | ||
− | To ensure | + | == Service == |
+ | To ensure 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 [http://en.wikipedia.org/wiki/Continuous_linked_settlement CLS compliant]. | + | 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] depending on several other criterion. |
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. | ||
+ | |||
+ | == DataModel == | ||
+ | [[Image:OFMP_Counterparty_datamodel.png|thumb|Counterparty Service datamodel|600px]] |
Latest revision as of 04:46, 24 April 2008
Counterparty Management means for now managing 2 types of counterparties:
- Banks
- Private Customers
Service
To ensure 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 depending on several other criterion.
At the service level, OFMP support standard management methods like create, update, enumerate counterparties.