ETD
Clear exchange-traded derivatives with confidence.
We provide a modern and efficient solution that empowers your organisation to take control of futures and options clearing operations.
Our partnership approach and cutting-edge technology ensure savings of about 40% compared to the cost of ownership of legacy systems.
Features
Global exchange connectivity
24/7 operational support and transaction processing
Reference data management
Regulatory reporting
Collateral management solution
Accounting feeds
Reconciliations
Benefits
Reduces operational risk and improves accuracy
Increases efficiency and streamlines workflows
Provides real-time insights and a comprehensive view of trading positions and exposures
Enhances transparency
Optimises collateral usage by enabling cross-margining with your cleared OTC and repo positions
Testimonial
“At CMC Markets, we are always striving to enhance our offerings and provide the best possible trading experience for our clients. Partnering with Sernova Financial aligns with our vision to deliver cutting-edge solutions. This collaberation will empower our clients with improved cross-product market access, reinforcing our commitment to innovation and client satisfaction.”
David Fineburg, Deputy CEO of CMC Markets
Bilateral
Take control of your uncleared over-the-counter trades with Sernova’s bilateral solution.
Sernova’s expertise in bilateral trading enables you to automate processes and improve regulatory compliance.
We reduce complexity, implement and scale faster, and reduce costs more than any other provider.
Features
Consolidated X-product trade capture and affirmation
Lifecycle management
Reporting, including client, downstream and regulatory
Collateral management including dispute resolution
Back office valuation and pricing
Counterparty risk management
Matching and confirmations
Benefits
Reduced operating and investment costs for a complete back office solution
Flexible infrastructure provides reduced time to market while increasing levels of control
Supports relationship-based trading
Facilitates the trading of less standardised products
Testimonial
Sernova enabled a non-bank broker to provide new and differentiating services to its own clients cost-effectively. By providing bilateral OTC transaction management services to the client, they were able to enter the market in record time. Our services also supported enhanced automation, reporting, and funding efficiencies.
Major Broker
Financing and Settlement
Optimise your financing and settlement operations in repo, equities & bonds.
We offer post-trade solutions for financing and settlement markets. You gain access to multiple clearing houses, settlement and clearing infrastructure, an integrated and automated collateral management system, and robust risk management.
Reducing costs in your post-trade operations.
Features
Multi-CCP trade processing, lifecycle management and netting
Sponsored clearing solutions
Integrated collateral management, margin management and margining optimising solution
Settlement management and tracking
Dedicated client portal
Risk management, data management, and reporting
Benefits
Reduces balance sheet usage and improves funding efficiency
Enables client revenues with provision of sponsored clearing
Reduces counterparty risk & capital requirements, and supports optimisation strategies
Streamlines operational processes and facilitates netting and compression of trades
Enhances transparency
Testimonial
By partnering with clients to support the changing cleared repo environment, Sernova solutions are at the cutting edge of new market infrastructure. This is enabling clients to understand the benefits of cleared repo while speeding the transition to sponsored client adoption.
Major European Bank