Prebon Yamanes open approach to delivering STP allows its customers
to select the most appropriate solution from a range of options.
Alongside its own interfaces for FpML, web, fax and telex, it has
added industry-standard solutions such as SwapsWire and, more
recently, the eAutoconfs service from City Networks.
eAutoconfs now provides a notification capability enabling
the trader to see and confirm trades on his desktop, using a simple
browser interface. The service is based on the long-proven ACS
confirmation system, and could provide access to trades with many
participating brokers on a single screen. Confirmations can be
linked to back-office systems and trade blotters, allowing a
complete STP solution.