Prebon Yamane takes open approach to STP

Prebon Yamanes open approach to delivering STP allows its customers to select the most appropriate solution from a range of options.

First Published by e-Forex News: October, 2003

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.