Clients that integrate Tradeweb with their order management systems see a material impact on their business. Savings can easily translate into hundreds of thousands of dollars or more in annual cost efficiencies. It's no surprise that most of Tradeweb's major clients have completed some level of integration.
The many benefits of API integration include:
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Zero duplication of work
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Risk reduction
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Error reduction
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Increased overall efficiency
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Increased transparency
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Enhanced compliance
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A more secure workplace
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Faster data capture, processing and reporting
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Shortened settlement cycle
Tradeweb enables clients to build custom integration solutions for their particular trading infrastructure by providing a completely flexible toolkit. The platform is integrated with a growing number of order management, risk, accounting and other internal systems, producing significant cost savings and risk reduction. Tradeweb's FIX infrastructure supports a large range of product types and workflows. Not only do we support the use of FIX 4.4 but we have expanded our offerings to include XML. Tradeweb also provides spreadsheet and file-based interfaces for companies looking for a lighter IT build.
To ensure integration solutions are implemented as efficiently as possible, Tradeweb provides a dedicated development support team.
Tradeweb can integrate with account, risk management and order management systems, as well as clearing firms, third-party confirmation systems and other entities including clearing houses and STP vendors.
Tradeweb can be integrated using:
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FIX - Financial Information eXchange
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XML - eXtensible Markup Language
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Text File - Comma delimited post-trade file
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FpML - Financial Products Markup Language (for derivatives)
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Spreadsheet - Copy and paste upload
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Tradeweb Command Language - Automated upload
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Proprietary Protocols - For dealers
