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Trade Settlement Inc. Launches Revamped Version 5.0

Trade Settlement Inc.® Launches Revamped Version 5.0

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.

Included in the release is support for non-linear trade processing allowing users to create, edit and sign documents in any order.  Sophisticated filtering allows users to highlight trades based on user parameters and to execute or approve documents in batch. Improved routing of documents enables users to send signed or unsigned docs back and forth and is effective when attorneys are drafting documents before presenting them to their respective clients.

"With its dual focus on streamlining the routing of documents and centralizing the management of trades, this latest release will empower TSI's customers to conduct their business more quickly, easily and effectively than ever before," said Jon Hoberman,  Vice President and Product Manager.

Users can now import large numbers of trades quickly, efficiently and accurately into the TSI platform via a download from their front, middle or back office system.  The increased use of Deal and Facility CUSIPs and MEIs/LEIs aid in the import and validation of the data and reduce error prone manual trade entry.

Leveraging powerful new search and filtering capabilities, TSI users are now able to run highly specific, ad hoc reports, tailored to their specific needs.  All such reports are instantly downloadable to Excel for further enrichment or easy sharing with others.


About Trade Settlement Inc.

Trade Settlement Inc. (TSI) provides the only fully automated settlement platform for the global primary and secondary syndicated loan markets. Since the Company's inception in June 2000, TSI has been a pioneer and innovator in the syndicated loan trading space. In addition to launching the first fully automated browser-based platform for the settlement of par/near par loan trades, TSI also created the first real-time data link with a widely used agent bank. TSI's platform has radically streamlined the settlement cycle, allowing for rapid, error-free settlement of loan transactions. The TSI system offers the highest standard of security, leading-edge technology, first-rate customer service, scalability and fastest execution. In addition, TSI offers high-quality and professional loan closing outsource services.

TSI's easy-to-use system was designed to interface with existing back-office accounting and portfolio management systems, eliminating double and triple entry and maximizing the benefits of straight-through-processing. TSI has built its state-of-the-art platform with the flexibility to link to virtually every lending and portfolio management system, whether branded or proprietary.