XTP Core Workflow automation for cleared-derivatives post-trade processing and Client Trade Allocations and Confirmation (CTAC)

Discover what ION can do for you

Simplify your post-trade derivatives business

Derivatives clearing is a complicated business. There are hundreds of exchanges and countless products. Thousands of market participants located all over the world, all with different needs. Intricate relationships between customers, brokers, and clearers. And a mixture of platforms and systems that are outdated and unconnected.

Whether you’re a global clearer or a firm clearing through a third party, ION’s XTP solution can transform your complexity into simplicity.

XTP provides everything you need for post-trade processing in one platform: clearing, settlement, risk management, and reporting. It runs 24 hours a day with no downtime, processing large trade volumes at high STP rates with no impact on performance, minimizing operational risk and ensuring you always meet your exchange and regulatory deadlines.

Take control of your business and put your customers in control of theirs

XTP unifies your clearing and trade processing into a single, automated, real-time workflow. This way, you can ensure that everything is processed correctly, and reconciled top day, and you can focus on any issues that need your immediate attention.
 
You can see everything that’s happening in your business—your positions, commissions, fees, margins, cashflows, and risk. And you can give your customers instant access to that same information, from anywhere, empowering you to take control of your business, and putting your customers in control of theirs.

  • Everything you need in one system

  • Improved operational efficiency

  • Critical information in real time

  • Empower your customers

  • Automated clearing and settlement

  • Configurable and customizable

Key features

  • Do everything you need in one platform

    • Manage all your critical processes and workflows in one solution.

    • Ensure all your processing is timely, accurate, and complete – including your customer and regulatory reporting.

    • Automate manual processes like margin calculations, payments, reconciliations, and management of execution-only schedules.

    • Simplify your workflows.

    XTP workflow automation software
  • Get a complete real-time view of your business

    • Get accurate, up-to-the-minute information about all your trading activity with continuous processing.

    • Monitor your exposure – and your clients’ exposure – to central clearing counterparties and third-party brokers.

    • Calculate accurate exchange fees and clearing commissions using our global exchange fee database.

    • Boost your efficiency with continuous trade processing.

    workflow automation software
  • Give your customers the best possible service

    • Supply data and analytics in real time, and interim statements before US markets close.

    • Create web dashboards and reports without IT support.

    • Build self-service workflows and deliver customized solutions by easily integrating internal and external applications.

    • Build great relationships with your customers by providing outstanding service.

    workflow automation

Learn how ION XTP software works

With ION XTP, get everything you need for post-trade processing in one platform: clearing, settlement, risk management, and reporting. Whether you’re a global clearer or a firm clearing through a third party, ION’s XTP solution can transform your complexity into simplicity.

XTP Spark

XTP

 
 
Everything supported in XTP Spark, plus:
Core processing functionality
Back-office trade processing for up to 15 exchanges
Unlimited number of exchanges
Clearing membership functionality
Matching, allocations, regulatory and exchange reporting for up to three clearing memberships
Unlimited number of clearing memberships
Trade regeneration
Trade regeneration, trade linking for two legal entities
Unlimited number of legal entities
Reconciliations
Built-in exchange reconciliations, customizable client and internal recs
Built-in exchange reconciliations, customizable client and internal recs
Data porting
Simple data import/export mapper and scheduler
Simple data import/export mapper and scheduler
Plug and play extension modules
Risk Management, Central Limits Management, cOTC Processing, cOTC Analytics
Open API
Real-time data extracts (JDBC API)
Real-time two-way integration via rich set of APIs (Java, C++ and C#, REST, Python)
Data service
Product static, settlement prices, margin parameters, exchange fees
Position limits, ISIN codes, exchange calendar
 
 
 

Enhance your solution with optional value added modules

Achieve even more with your XTP solution by adding features that meet your specific needs.

Latest Markets awards

FOW International Awards 2020

Risk Management Solution of the Year

FOW International Awards 2020

Post Trade System of the Year

FOW International Awards 2019

Best New Product – Trade Reconciliation

FOW International Awards 2015

Best New Technology Product – Post Trade

Related products