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Project Tags:

Depository

OTC

In Progress

OTC

Product benefits

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The new lien system will centralize and streamline the registration flow, pledging, execution and write-off of liens in the OTC market

  • Standard Contract Registration
  • Collateral Contract Registration
  • Asset pledging under a Collateral Contract
  • Execution
  • Write-off

 

The solution will allow trading with high volumes of collateral registration, particularly benefiting digital and retail banks, which use collateral contracts on OTC B3 to provide credit card limits to their customers. Furthermore, the solution will offer greater dynamism and performance to the process, improving user experience and offering the possibility of using the standard contract, a feature that allows using the same contract PDF for multiple collateral types.

Timeline

  • Disclosure plan

    Release plan disclosure

Technical details

  • Catalog changes

    To be defined

  • Main systems

    NoMe, New OTC Lien System (system name to be defined)

  • Main related functions

    No functions impacted

  • Certification roadmap

    In definition

  • What is the Sinacor version?

    No impact