Confirmations

Reduce the Unconfirmed Swaps Transactions -- Without Changing Processes

With Markit's Confirmation Service, firms can easily and electronically review, approve and distribute confirmations with counterparties.

Paper-intensive review processes are eliminated, and communications with counterparties on outstanding, disputed or executed swaps confirmations are simplified. No change to a firm's existing processes is needed.

Capabilities include:

• Automated, Multi-tier Approval Process - existing workflow remains intact
• Electronic Signature Blocks
• Complete Product Coverage - interest rate, currency, commodity, credit and equity
• Block-Trade Allocation Support
• External View for Counterparties - dedicated webpage for counterparties to view outstanding and signed confirmations and revision request