Bringing Efficiency, Liquidity, & a new VISION to syndicated loan processing.

View All Articles

Trade Settlement Inc. Introduces Enhanced Functionality for Buy Side Portfolio Transfers

Date: July 1, 2013

(New York: July 1, 2013) Trade Settlement Inc. --- http://www.trade-settlement.com --- (TSI), a leading provider of automated loan settlement technology, announced today its latest set of enhancements, designed specifically to help the company’s Buy Side customers complete internal portfolio transfers quickly and painlessly via TSI’s automated platform.

Trade Settlement Inc. Delivers New Generation Platform for the Primary Syndication Market

Date: June 24, 2013

(New York: June 24, 2013) Trade Settlement Inc. ---http://www.trade-settlement.com -- (TSI), a leading provider of automated loan settlement technology, announced today its new generation Primary Loan Management system which boasts fast, efficient, secure and fully-electronic closings for the growing Primary Loan business.

Trade Settlement and Finomial Work Together to Deliver FATCA Compliance To the Syndicated Loan Market and CLOs

Date: April 23, 2013

Finomial Corporation (“Finomial”), the leading Investor Services platform, and Trade Settlement Inc. (“TSI”), a leading provider of a fully automated platform for loan settlement, have entered into an agreement which will result in a strategic partnership between the two firms. The agreement is designed to address the FATCA (Foreign Account Tax Compliance Act) obligations now mandated for the Syndicated Loan market and CLOs (Collateralized Loan Obligations).

Trade Settlement Inc. Presents at LSTA Conference October 17, 2012

Date: October 1, 2012

Trade Settlement Inc.® a leading provider of automated loan settlement technology, will be presenting at The Loan Syndications and Trading Association on Wednesday Oct 17, 2012 at the New York Hilton & Tower in NYC.

Trade Settlement Inc. Launches Revamped Version 5.0

Date: April 23, 2012

Trade Settlement Inc.®, a leading provider of automated loan settlement technology, today announced the release of version 5.0 of the popular trade settlement platform. This major new release delivers a completely revamped platform, packed with features that will help improve settlement times and simplify the entire closing process.

Trade Settlement Inc. Presents at LSTA Conference April 26

Date: March 19, 2012

Trade Settlement Inc.® a leading provider of automated loan settlement technology, will be presenting at The Loan Syndications and Trading Association on Thursday April 26, 2012 at the Hilton Hotel in NYC.

Trade Settlement Inc. Announces Enhancements for Q2

Date: January 16, 2012

Trade Settlement Inc.® a leading provider of automated loan settlement technology, today announced important enhancements to the both the functionality and the user interface of the TSI platform scheduled for release in Q2 2012.

Loan-Settlement Fees Cut After Traders Resist Move

Date: December 1, 2011

Since the new fee was imposed, Trade Settlement Inc., another automated loan-settlement company, has handled a number of trades that would have previously been completed by ClearPar.

Set up in 2000 by former Merrill Lynch & Co. banker Pat Loret de Mola, managers are asking banks to use TSI because it doesn’t charge a buy-side fee. The pickup in business has been “very significant,” Loret de Mola said.

“What this has done is raised market awareness to have two electronic-settlement providers in the market, not just one,” she said in a telephone interview. “When you have a single dominant player, they have complete pricing power.”

Trade Settlement Inc. Announces Increase in Trade Settlement Volume

Date: October 17, 2011

Trade Settlement Inc.®, a leading provider of automated loan settlement technology, today announced that settlement volumes processed through their fully automated browser-based platform have dramatically increased by trading participants.

Trade Settlement Inc. Launches Trade Inventory Management TIM for Distressed Loan Settlement

Date: September 1, 2011

Trade Settlement Inc.®, a leading provider of automated loan settlement technology, today announced the launch of TIM, the Trade Inventory Management system for distressed settlement. The TIM system gives organizations the ability to link upstream and downstream trades to ensure sales are not over allocated to existing inventory.

Trade Settlement Inc. Announces TSI Platform in Full Compliance with SSAE 16

Date: June 20, 2011

Trade Settlement Inc.®, a leading provider of automated loan settlement technology, today announced that the TSI loan settlement platform is in full compliance with Statement on Standards for Attestation (SSAE) No. 16, Reporting on Controls at a Service Organization. SSAE 16 was effective as of June 15, 2011.

Trade Settlement Inc. Announces Advanced PSA Generation for Distressed Settlement

Date: May 5, 2011

Trade Settlement Inc.®, a leading provider of automated loan settlement technology, today announced that the TSI loan settlement platform will feature an advanced, user-controlled, PSA (Purchase and Sale Agreement) editor for distressed settlement.