MarkitSERV for Prime Brokers
Simplify your workflow, enhance your client offerings and reduce operational risk with the MarkitSERV platform to process over-the-counter (OTC) derivative give-ups for equity, credit and interest rates.
 
MarkitSERV Services
MarkitSERV is the leading solution for processing derivative give-up trades. Our industry standard platform is the only real-time tri-lateral system linking the executing broker, buy-side client and prime broker electronically to confirm trades on trade date.
 
MarkitSERV offers key services for prime-brokered OTC derivatives:
 
  • standardized electronic notification of give-ups
  • real-time 3-way communication
  • customizable eligibility checks
  • automatically generated back-to-back trades
  • all major global brokers connected
  • fully compliant with give-up agreement terms and conditions
  • support full life-cycle events
  • electronic confirmation included ― no need for separate legal bi-lateral confirmation
 
One prime broker solution
MarkitSERV’s rich and user-friendly functionality allows buy-side clients to receive, affirm and confirm trades in one step, communicating directly with executing brokers and prime brokers electronically. Buy-side clients can confirm all their trades in a single screen whether traded directly or given up to one or more prime brokers.

All parties can process trades straight through into risk/trade capture systems, eliminating dual keying and helping to reduce operational risk. Any queries can be dealt with immediately using the real-time chat facility, reducing trade errors to zero. In addition, post affirmation events such as amendments, terminations, option exercises and corporate actions are fully supported, providing the most efficient and flexible operational solutions to manage a dynamic workflow.
 
 
Sign up now
Contact MarkitSERV (sales@markitserv.com) to get started. Let us know if you are interested in further information.
 
Reference documentation
For user guides and onboarding specifications, please refer to the Help and Documentation sites via MarkitSERV product Web sites.
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Process For Prime Brokers
For more information about MarkitSERV, please contact us at any of our regional offices.
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