Sales to Trader.
Today, Sales to Trader workflows and communications in the Total Return Swaps (TRS) market are complex and time consuming, and act as a drag on operational efficiency. Client firms, sales teams, and traders carry out a game of back and forth via chat tools and voice calls to discover, agree, and confirm a price before executing on a trade. These manual processes can be error prone, making them a weak link in a financial institution's compliance efforts. Sales to Trader workflows are, in short, ready for digitalization.
Sales to Trader workflows. Simplified.
The Wematch Sales to Trader module for TRS enables seamless, digital workflow and communications both internally between sales and trader teams, and externally with clients. We replace multiple workflow and communications tools with a single, easy-to-use, cloud-based digital platform that integrates trade data and processes to provide clients, sales teams, and traders with a common, real-time view of end-to-end TRS trades. The Sales to Trader module accelerates trading activities while reducing operational and compliance risks.
A common platform for Sales to Trader workflows
The Sales to Trader module digitizes TRS workflow and communications, empowers users, and unlocks unprecedented efficiencies. Core functions include:
- Communications. Unify clients, sales teams, and traders on a single, auditable communications channel.
- Trade optimization. Sales teams and traders can import all TRS trades onto the Wematch platform for optimization through a single global view of all relevant activity.
- Request for Quotes (RFQs). A 1-click tool for sales teams to create RFQs on behalf of clients and send to dedicated traders.
- Passive lifecycle management monitoring. Sales teams can monitor ongoing progress in trading activity related to their scope.
- Active lifecycle management. Sales can actively manage clients' trade lifecycle workflow.
Benefits at-a-Glance
Getting connected to Wematch is simple, as it is delivered as a web-based Software-as-a-Service technology that connects to the TRS ecosystem through live APIs. To get started, or to request a demo, get in touch.
One, unified platform
Enabling access to a single source of real-time and historic trading data to optimize workflow and communications internally and with clients.
Increased efficiency
Fewer points of contacts required within a bank when communicating around a trade.
Accelerated workflow
With the sales team able to be actively involved with any TRS trade lifecycle event and act on behalf of clients.
Seamless price discovery
With the RFQ tool, sales professionals can find the best trading opportunities for clients and route liquidity into the bank.
Reduced risk
1-click standardized processes reduce the risk of errors, while the Wematch platform creates a full audit trail with complete logs of deals and events.
Optimized trades
All TRS workflows are brought together in a single place for simplified lifecycle event management and trade optimization.
Deeper insights
Sales are empowered with real-time data and associated analytics insights.