Solutions
Peer-to-Peer Repo
Our peer-to-peer (P2P) repo solution empowers buy-side firms to access diverse sources of liquidity and efficiently interact with other market participants – on their own terms and at reduced costs.
We bring new liquidity opportunities to repo markets by directly connecting participants on a stable, standardized platform. This allows participants to trade bilaterally, while we guarantee the payment of the repurchase price to the investor. By eliminating balance sheet costs – which are typically passed along by dealer intermediaries – we drive competitive rates.
In eligible jurisdictions, our VenturiSM by State Street platform provides further efficiency via an electronic front-end interface that enables real-time negotiation, execution, notification, and automated integration with settlement and margin processes.
Improved economics
Our solution helps you seize opportunity for higher yields and lower financing costs, transact with expanded buy-side peers under a broad set of collateral types, and negotiate directly with peer counterparties, improving price transparency.
Increased efficiency
One set of standardized documentation grants access to the full peer network, eliminating the need for numerous bilateral agreements, while the intuitive Venturi workflow enables real-time negotiation, execution and automated integration with settlement and margin processes.
Lower operational and counterparty risk
With our guarantee of the borrower’s performance, cash investors can access diverse pools of liquidity, backed by our strong credit profile. We enable borrowers to easily connect with highly rated investors, and help reduce your operational burden by handling back-office requirements relating to collateral valuation, margin management and trade reporting.
The State Street difference
As one of the world’s largest custodians with an industry-leading buy-side network and a focus on innovation, we provide a streamlined platform that helps meet your financing and liquidity needs. With Venturi, you gain access to a peer-to-peer marketplace, improved transparency, and integrated operational support for greater efficiencies. As an established market leader in the repo industry, we’re well-positioned to service the entire repo lifecycle in the best way possible – from trade initiation to settlement and post-trade management.
