Thunderhead Doing Trade Documentation on the Cloud
The cloud solution provides real-time collaboration capabilities to support secure multi-party negotiation, eliminating the time-consuming and error-prone sequential circulation of documents. It allows trade data in industry-schema based XML to be fed to downstream processes, enabling rapid integration and regulatory reporting.
The SaaS solution has been developed with advisory support from a group of representatives from the G15 investment banks, of which 14 are Thunderhead customers, as well as Sapient Capital Markets to ensure market compliance.
ONE for Capital Markets is built on the ONE Enterprise engagement platform, a suite of solutions that enables businesses to engage and collaborate.
"Thunderhead.com has historically helped the industry leaders solve issues around paper-based transactions," says Jude Bly, director of Sapient Global Markets. "Now, with the introduction of ONE for Capital Markets SaaS solution, the industry as a whole has a tremendous opportunity to dramatically streamline their business processes to meet the new regulations and improve their operational efficiency."
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