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Difference between revisions of "OFMP/Counterparty Management"
< OFMP
(New page: Counterparty Management means for now managing 2 types of counterparties: - Banks - Private Customers To ensure the FrontOffice to BackOffice trades communication, for interbank trades OF...) |
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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 | + | |
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 03:35, 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 [ http://en.wikipedia.org/wiki/Continuous_linked_settlement CLS compliant].
At the service level, OFMP support standard management methods like create, update, enumerate counterparties.