SECTORS+CLIENTS
Investment Banking
With 14 of the G18 global derivatives dealer institutions using Thunderhead technology, we are the leading provider of enterprise communication solutions to the investment banking industry. They use Thunderhead to streamline processing time and slash administration costs, while providing an accurate, auditable process for document generation.
Our innovative software platform Thunderhead NOW is the de facto standard for OTC trade confirmations and term sheet generation. Thunderhead provides the industry with critical support across front and back office operations.
We deliver the straight through processing support required for automating back office document generation while also delivering real-time, exception handling of documents required for the front office and operations areas. And we accelerate the confirmation process and reduce the number of trade confirmation templates by 80-90%, even for complex non-STP derivatives.
Thunderhead NOW provides integrated support for industry standards such as FpML and the DTCC Deriv/SERV electronic matching process. As a member of investment trade associations such as ISDA, Thunderhead is committed to providing customers the latest capabilities and support for emerging industry standards.
Customer Highlights
BNP Paribas
Enabling BNP Paribas to speed up the delivery of fixed income confirmations and notifications globally “Impact analysis, testing and releases are much quicker and easier with Thunderhead while still being carefully controlled, which reduces risk for the business as well as increasing productivity in IT.”
Nomura
Cutting Nomura Group’s derivative trade confirmation processing time in half Thunderhead’s multi-channel capability makes it possible to produce documents in any format required by trading partners – be it print, fax or email.
How can Thunderhead help investment banks?
Move communications control into the hands of business users – removing the reliance on IT support
Increased productivity by automating document processes such as trade confirmations, OTC Derivatives, term sheets, structured products and master agreements
Reduced operational costs and risk by ensuring trade confirmations and documentation comply with industry regulations and guidelines: non-STP confirmations are auditable and secure
Robust exception handling for non-standard trades and exotic products
Greater consistency and quality of trade documentation
Integrated support for industry standards such as FpML, ICE, EFET and the DTCC Deriv/SERV electronic matching process
FTE savings: time taken to create, modify and test a template is reduced by an average of 70%
80%-90% decrease in the number of templates required even with the addition of multi-lingual documentation
Single system for all channels (print, fax, email, web, DTCC).
Key investment banking
clients include:
- ABN Amro
- Barclays Capital
- BNP Paribas
- Credit Suisse
- Deutsche Bank
- HSBC
- JPMorgan Chase
- Morgan Stanley
- Nomura
- RBS (Royal Bank of Scotland)
- Société Générale
- Standard Bank
- UBS
Industry applications
- Client On-Boarding Correspondence
- Commercial Lending and Secondary Loans Documentation
- Corporate Action Notices
- DTCC MarkitSERV Messaging
- Master Agreements
- Termsheet Generation
- Trade Confirmations, including Structured and Exotic Products
- Wealth Management Reporting