Underwriters and investors can access DirectBooks through both a secure web-delivered application and FIX API connectivity, allowing users to integrate the platform with their order management systems or proprietary technologies.
UNDERWRITERS CAN:
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Set up new deals with associated tranches
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Review order and manage allocation messages
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Send deal announcements and updates to investors
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Manage allocation messages
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Add deal documentation
INVESTORS CAN:
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View a centrally aggregated deal calendar of primary issuance
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Consume a standardized set of terms and documents for all transactions
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Get real-time update details including guidance and pricing in a single dashboard
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Improve order management via quick order entry and master order dashboard functionality
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Reallocate time from mechanics (manual input) to analysis
DirectBooks is ISO 27001 certified. This accreditation demonstrates the adherence to a strict set of standards for securely handling customer data. ISO 27001 is the gold standard for information security management systems (ISMS) and their requirements.
FIX 5.0 SP2
DirectBooks has based its technical communications flows on the industry standard FIX® protocol. More specifically, DirectBooks utilizes FIX 5.0 SP2 for systems communications. FIX® has become the language of the global financial markets used extensively by buy-side and sell-side firms to communicate financial information.
DirectBooks is a member of the International Capital Market Association, participating in the evolution of market conventions and standards for global debt markets. ICMA is a membership association for the international bond markets, with over 600 members in 65+ jurisdictions worldwide.
