Question 1

What is DirectBooks?

Accepted Answer

• DirectBooks optimizes the communications process and workflow for the primary issuance of securities.
 • DirectBooks launched Fixed Income Deal Terms & Updates, Order Messages, Allocation Messages and Deal Documentation globally for U.S. Dollar, Euro and Sterling Investment Grade, Covered Bonds, Emerging Markets issuances, Supranationals, Sovereigns and Agencies (SSA) and High Yield issuances. 
 • The platform offering a common set of structured deal data and document access for institutional investors.

Question 2

Which Underwriters are currently participating on DirectBooks?

Accepted Answer

• American Veterans Group, Bank of America, Barclays, BBVA, Blaylock Van, BMO Capital Markets, BNP Paribas, BNY, CIBC, Citi, Commerzbank, Credit Agricole, Daiwa, Deutsche Bank, Fifth Third Securities, Goldman Sachs, HSBC, Huntington, ING, Itau BBA, Jeffries, JP Morgan, KeyBanc Capital Markets, Lloyds Bank, Loop Capital, Mischler, Mizuho, Morgan Stanley, MUFG, Natixis, NatWest, PNC, Rabo Securities, Ramirez, RBC, Santander, Scotiabank, Seelaus, Siebert Williams Shank, SMBC, Société Générale, TD Bank, Tigress, Truist, UBS, US Bank, and Wells Fargo.

• EMEA is serviced by Bank of America, Barclays, BNP Paribas, CIBC, Citi, Deutsche Bank, Goldman Sachs, Jeffries, JP Morgan, Mizuho, Morgan Stanley, RBC, Santander, and Wells Fargo

Question 3

Who can use DirectBooks?

Accepted Answer

• Institutional Investors and Underwriters involved in the primary issuance process who satisfy legal and regulatory criteria applicable to their roles in the offering process.

Question 4

What are the methods for accessing DirectBooks?

Accepted Answer

• Web access (CORE)
 • API connection (CONNECT)
 • Third-party Order Management Systems (OMS) and Execution Management Systems (EMS) connectivity, including Aladdin, Charles River Development, FlexTrade and TS Imagine

Question 5

Are fees charged to Institutional Investors and Underwriters?

Accepted Answer

• Yes, pricing is available for various products and services. Please contact info@directbooks.com

Question 6

How can Institutional Investors get started?

Accepted Answer

• Please contact DirectBooks at info@directbooks.com (mailto:info@directbooks.com?subject=I would like to learn more about DirectBooks.)to learn more about the offering and get a demonstration.

Question 7

How does DirectBooks benefit users?

Accepted Answer

• Structured data and streamlined communications, with a single communications stream for a transaction, increase the accuracy of deal workflow information.
 • Enhanced transaction detail and standardized deal stages allow for comparison across deals through DirectBooks’ innovative digital platform and for delivery of issue information to investors across the globe on a simultaneous basis.
 • Activity records help simplify retention and compliance.
 • Efficient and accurate dissemination of information allows investors to focus on the investment process rather than on information processing.
 • High-volume data capacity and a secure cloud-based environment provide for efficient communications and resiliency.

Question 8

Do you offer historical data and analytics capabilities?

Accepted Answer

Yes.  DirectBooks’ Data Analytics Reporting Technology (DART) is our proprietary system allowing buy-side users the ability to view, analyze and report on their deal, tranche, order messages and allocation activity in a single place. DART simplifies and streamlines the process of understanding trends and seeing the results of investors’ own market activity.