WebTrader™
Secondary Market Software Solution
WebTrader™ is a trade management system designed to meet the unique needs of pipeline risk managers.
Streamline Your Trade Commitment Process
- 100% cloud-hosted, web-based, real-time updates
- Pass trades directly to MarketShield®, or utilize as a standalone trade management system
- Simplified process to roll trades
- Notification system for trades approaching settlement
- Streamlined handling of round robin trades
- Automated tri-party agreement generator
- Agency cash forward trade integration
- Live intra-day position updates allow traders to manage their risk position in real-time
- Integrations with leading loan origination systems pull in new lock activity
- Updates from MIAC’s SellSide Trader are reflected when new commitments are created
- Allows the ability to factor in additional locks for overnight protection
- Manage the trade confirmation process through a user-friendly interface
- Accommodates TBA, AOT, and cash trades
- Report on bids to cover ratios to analyze counterparty competitiveness
- Hedging scenario testing with coverage screen
Multi-Layer Application
MIAC can provide you with Secondary Market tools through its pipeline hedging solutions.
MarketShield®
Prices pools and formulates bids based on their actual executions. Detects data errors in Seller tapes and prevents over/under bidding. Manages Sellers and delivery fees under one framework.
SellSide Trader™
Performs best execution between bid tapes, AOT/DT, cash/ratesheet, MBS execution when selling loans. FNMA and FHLMC Integration.
BuySide Trader™
Prices pools and formulates bids based on their actual executions. Detects data errors in Seller tapes and prevent over/under bidding. Manages Sellers and delivery fees under one framework.
MOJO™
Time saving automation replaces a manual process that took hours or days to complete loan slotting. Maximizes the benefit of specified pay ups and minimizes the price hit for high balance loans.