Full Trade Lifecycle
ViSTRA provides the following core business functionality for secure, and scaleable full trade lifecycle management:
- Responds to indicative prices subscription by streaming market rates sourced from market data distribution platforms or trader rates contributed by proprietary rate management or cleansing applications
- Responds to requests for executable prices. Several pricing models are supported, including Request For Quote, Request For Stream and Executable Streaming Rates
- Responds to order or trade requests from trading portals by integrating with trading platforms and Order Management Systems (OMS). A trade execution report is returned to indicate successful or unsuccessful fill.
- Provides post-trade STP functionality, supporting hand-off of both auto-published and uploaded trade tickets, settlement and account allocation information to back-office systems. Optional data transformation or annotation is also supported.