T-Zero® assists both the buy-side and sell-side to reduce costs by increasing the power of the middle office users at both ends. Across T-Zero®, dealers can more efficiently and systematically confirm trade details with clients through trade affirmations. Traditionally, dealer staff looks for agreement of trade details via email, phone calls and instant messaging. Utilizing T-Zero®, they have a single source that aleves the risk of double keying errors. Dealers also receive novations and allocations in an automated fashion, reducing double booking errors. Buy-side users achieve a single repository for all trades across dealers, and hold a record of positions for processing of novations. Furthermore, through T-Zero®'s connectivity to third-party Fund Administrators and Order Management Systems (OMS), we reduce the need for trade entry into multiple systems.

• Systematic trade affirmation for dealers increases efficiency in the middle office
• Electronic processing of allocations and novations
• Connectivity to Fund Admins and OMS’s
• Elimination of double booking

Benefits: Reduce Risk | Increased Productivity | Improved Client Services