Fairfield, NJ, October 15, 2024 – DeltaBlaze, a fintech firm focused on workflow management for MBS & ABS Sales & Trading desks, has announced an upgrade to its FinBlaze platform. Released today, FinBlaze now has the capability to electronically send trades through Straight-Through-Processing (STP) to client’s back offices.
STP allows for the automated execution of transactions from initiation to settlement without the need for manual intervention. It streamlines trade processing across front, middle, and back-office systems, reducing errors, costs, and settlement times.
FinBlaze users can create and submit trades fully through the FinBlaze application, and those trades can automatically flow down to all required endpoints. FinBlaze has a wide array of features to support this connectivity, including “Trade Confirm” emails sent to clients, duplicate trade alerts, and daily/monthly audit reports.
“Enabling trade STP allows for increased efficiency by ensuring the users will not have to be double-keying trade data in multiple locations,” said DeltaBlaze CTO, John Reed. “The Trade Entry screens in FinBlaze will also pre-populate as much data as possible to ensure the user only needs to enter minimal additional data to submit the trades.”
FinBlaze can also connect to BondXN via trade STP, allowing for a complete trade flow from buying from an Originator to selling the same bond to a Buy-Side client.
ABOUT DELTABLAZE
Founded in 2011, DeltaBlaze is a New Jersey-based fintech firm the provides specialized products for end-to-end proprietary data and workflow management for MBS/ABS Sales & Trading desks. Its flagship product, FinBlaze, offers a suite of tools aimed at streamlining workflows, improving data analysis, and fostering better collaboration between sales, trading, management and integration teams.
DeltaBlaze Media Contact:
Joel Brown-Christenson
