OTC Processing
GoOTC™ - GlobeOp's processing service for over-the-counter (OTC) derivative transactions, provides an innovative outsourced solution to hedge and mutual fund requirements for pricing, document and collateral management, settlement and risk reporting infrastructure.
- Robust, scalable, web-based system
- Efficient market-tested alternative to the cumbersome Excel spreadsheets that challenge many funds
- Transparent, real-time view of effective OTC derivatives processing and risk management - trade capture, settlement, cash reconciliation, collateral management, valuation, risk reporting, documentation management
- GlobeOp processes approximately 2,000 OTC trades daily and more than 60 distinct derivative instruments
- Combined with GoRisk®, the GoOTC system supports mutual fund compliance with UCITS lll requirements in Europe for accurate, verifiable and independent daily valuations and risk reporting
- Both GoOTC and the UCITS lll package can be enhanced with the addition of GoQuote™, a web-based front-end pricing consolidation service for illiquid, manually-priced OTC instruments. GoQuote enables OTC derivatives traders to more efficiently and effectively view, manage and analyze electronic pricing messages and bid/offer prices on a single easy-to read grid
- GoOTC, GoQuote and GoRisk Reports are available on a standalone basis or within GlobeOp's overall middle- and back-office & administration services.
Sample screen: Credit Default Swaps. Note: All fund data shown is for illustrative purposes only; no actual client data is shown.