Revolutionizing post trade processing in exchange traded derivatives

The FIA Tech Trade Data Network (TDN) is designed to revolutionize post trade processing in exchange traded derivatives (ETD).

TDN unifies ETD trade data from buyside, brokers, clearing houses and clearing members into a common, secure, standards-based ledger, creating a shared golden source of trading activity for participating firms and a cloud-based platform to identify and resolve bottlenecks in trade processing across the industry.

TDN was developed with input from banks/brokers, more than 40 leading buyside firms and technology providers across execution, middle- and back- office systems. The first services deployed on the network will be allocations management and trade lifecycle transparency, coupled with benchmarking, metrics and reporting to drive standards and best practices across the ecosystem.

Initially, TDN participants will use this golden source trade data to get transparency into the full trade life. TDN will standardize the allocation and confirmation processes for clients and futures commission merchants (FCMs) to eliminate processing bottlenecks and costs.

The longer term strategic vision for TDN is to work with market participants and the ISV community to improve middle and back office processes such as trade-date clearing, give-ups, fee and commissions management and eliminate duplicative reconciliations across these functions. As a result, TDN will reduce costs and unlock innovation across the industry.

BENEFITS

Benefits of TDN for
the Buyside


  • Transparency into the end-to-end status of futures trading and clearing activity

  • Benchmarking metrics that will enable buyside clients to measure the performance of their trade and post trade workflows across the industry

  • Operational efficiency and reduced costs through standardization of process and technology

Benefits of TDN for
the Sellside


  • Operational efficiency and reduced costs through standardization of process and technology

  • Ability to leverage consolidated golden source ledger of trading activity created with clients to eliminate duplicate reconciliations and identify breaks

  • Standardized allocation and confirmation processes to eliminate processing bottlenecks and costs via improved straight-through-processing rates

  • Simplified access to ISV services and increased vendor competition

  • Benchmarking metrics to improve levels of client service

  • Platform to simplify onward use of your data assets for internal and external needs

Benefits to the Exchange
and ISV Community


  • Simplify delivery of your data and services to customers, members and clients – over 8,000 of which are on FIA Tech’s platform

  • Reduce costs to interoperate with the ecosystem of futures market participants, software and service providers


Contact Us

For general inquiries regarding Accelerate:

Call: 1.202.772.3000

Email General Client Support: clientservices@fia-tech.com

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