Virtus Trade Settlement

Streamlined performance in one integrated workflow.

Virtus Trade Settlement (VTS) offers cutting-edge technology for Primary Syndication and Secondary Market loan settlements. Our automated platform is both efficient and intuitive; minimize processing errors and facilitate better management of loan assets and cash.

VTS includes advanced tools which eliminate manual elements of the current loan closing process for primary and secondary loans, resulting in significantly faster closing times. Users can share documents and information electronically in a SSAE 16 compliant cloud-based environment and counterparties can generate and sign documents electronically on an expedited real-time basis via system workflows. The FACTA compliant platform is integrated with Virtus Partners’ Front and Middle Office platforms offering unparalleled convenience and settlement times.

Integrated Technology for Primary Syndicated Loan Settlements

Bring all new lenders into a deal as quickly and efficiently as possible. The platform is enriched with deal information provided by the Agent Bank and VTS takes care of the rest. The system coordinates all review, allocations and signing by the lending institutions in the syndicate and provides detailed, accurate reporting to the Agent.

Intelligent Straight Through Processing

Par/Near Par Secondary Settlements
  • VTS’s Secondary settlement platform is the premier automated system in the syndicated loan market. Upon entering a new trade in VTS, the platform automatically generates the Trade Confirms, Forms of Assignment and Funding Memos, any of which can be processed individually or in bulk fashion to scale operational efficiency.  VTS can also easily handle Block Transfers and Portfolio Ramp Ups.
Distressed Debt
  • VTS is a fully-functional automated settlements solution for distressed debt. The VTS system allows users at Banks and counterparty organizations to incorporate their external counsel directly into their workflow, so they can create, review and negotiate all required documents, including the Purchase and Sale Agreement. In addition, VTS’s Trade Inventory Management feature allows users to capture, track and allocate upstreams quickly, easily and accurately, from a single secure location.

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Empowering asset managers so they can focus on the big picture: increased liquidity, productivity and market growth.