TSI Announcements

Virtus Trade Settlement is pleased to announce the implementation of Phase 1 of the LSTA Delay Compensation rules.   Trades with a Trade Date of September 1, 2016 or greater will be impacted by the LSTA DC rules and will carry a Delay Compensation Eligibility (DCE) status which will indicate DC forfeited, DC at Risk or DC received. 

Please log in and navigate to the Client Support tab to view a full description of all changes. If you would like to schedule a demo, please contact our Sales Department at (212) 463-7612

 

GlobeTSI's Primary and Secondary Loan Closing platform includes advanced and automated tools that eliminate the manual elements of the current loan closing process. Users can share documents and information electronically in a SSAE 16 compliant cloud-based environment. Our electronic workflows allow organizations to generate and sign documents electronically on an expedited real time basis. From a user's perspective this vastly reduces errors, organizes and facilitates the management of loan cash and assets.