DirectLINK enables market access for end users and regional banks in transition to becoming a clearing member across single or multiple clearing houses and asset classes.
Sernova Financial’s service platform recreates the shared infrastructure and service elements of a traditional clearing broker, providing clients with a faster route to market and a lower total cost of ownership than traditionally experienced with in-house or enterprise third party solutions.
- Default Management Process (DMP)/Fire drill
- Margin estimation
- Transparency of margin calls
- Comprehensive reporting suite
- CCP end and intra-day connectivity
- Regulatory compliance solutions
- Scalable and flexible to accommodate different market conditions
- Enables variable cost base and moves Capital Expenditure to Operating Expenditure
- Reduced cost across operations, development and support
- Global service coverage
- Long-term partner across asset classes and front-to back solutions
- Turn-key solutions reduces clients’ time to market