Spend less time on dull repetitive trading documents with TradingTerms

Spend less time on dull repetitive trading documents

In the complex world of trading, efficiency and accuracy are essential, particularly when managing trading terms. Financial institutions often struggle with the manual handling of trading terms due to the sheer volume of data, frequent updates, and the need for precision.

VI Company developed an innovative digital automation tool for one of the largest banks in the Netherlands, automating the processing and validation of trading terms – by generating complex documents with just a few clicks. Over the past years, TradingTerms has proven its value with hundreds employees using it worldwide and we helped creating +3660 trading terms, saving numerous hours per year.

With this experience, VI Company is ready to roll out TradingTerms for a broader range of companies in Europe. We let you spend less time on dull and repetitive documents and focus on what truly matters.

The hidden costs of the current trading terms management

For financial institutions, managing trading terms is a critical yet tedious and time-consuming process. Traditionally, this task requires:

• Gathering data from various sources.

• Manually validating that data against a complex set of rules.

• Ensuring compliance with the latest regulatory standards.

These manual processes are not only time-consuming but also human error is seen a lot, leading to potential costly mistakes and operational delays. Companies dealing with trading activities often find themselves overwhelmed by the need to ensure accuracy while navigating these manual processes and outdated workflows.

Effortless document automation for financial markets

TradingTerms is a lightweight digital automation tool that helps generate complex documents for the financial market, transforming a traditionally time consuming task into a seamless process. 

How does it work?

TradingTerms is designed for user-friendliness, making it accessible and easy to work with for everyone. It seamlessly integrates with your existing systems through API connections. With just a few clicks, traders can generate a Microsoft Word document that follows your preset style guide and is in the desired language. The system combines the inputted content with the general terms and conditions to create a comprehensive document. Traders can then easily edit the document as needed before sending it to their clients. What makes TradingTerms unique?

1. Automated data collection: It seamlessly integrates with your existing systems through API connections, reducing errors and enhancing productivity. The system automatically gathers trading terms data from multiple sources. This reduces the risk of human error and frees up valuable time to focus on more strategic tasks.

2. Real-time processing: The solution offers real-time processing, allowing for instant identification and resolution of discrepancies. This minimizes delays and enhances the overall efficiency of trading operations.

3. User-friendly interface: With its intuitive interface, users can easily monitor and manage trading terms. It provides a clear overview of the status of all trading terms, making it simple to track compliance and quickly identify areas that require attention.

Conclusion

By automating the trading terms process, TradingTerms helped the past years over 140+ employees achieve significant improvements in both efficiency and accuracy. In a fast-paced financial landscape, automating the management of trading terms is no longer a luxury—it's a necessity.

TradingTerms is a lightweight digital automation tool that helps you generate complex documents for the financial market. It helps you to avoid mistakes and spend less time on dull documents. Just fill in the forms, and we do the rest.