Trade Settlement Services
Where precision meets transparency to deliver confidence in every trade settlement
Why Settlement risk can’t be overlooked
Settling loan trades is a complex manual, and often fragmented process where multiple counterparties, documents, and deadlines must align. Even small gaps in procedures can quickly lead to costly errors, delays, and missed market opportunities.
When time pressures increase, such as with par, near-par, distressed, or high-volume trades, the risks multiple, putting both financial outcomes and reputational standing at stake.
Alter Domus: Enabling seamless settlement through expertise and technology
Alter Domus helps you take control of settlement risk in both primary and secondary markets. By combining deep technical expertise, longstanding counterparty relationships, and dedicated specialist teams, we streamline execution and ensure loan trades are processed efficiently and in line with market standards.
Our proprietary web-based portal, CorTrade, provides real-time visibility into the status of each trade, helping you track progress, and monitor key dates all while providing you with access to the full record of supporting documentation.
Our expert teams and technology platform combine to provide the scalability you need to handle surges in trading without adding operational strain.
95%
of the largest private debt managers serviced
3,000
Private debt funds under administration
$1.8tn
in debt capital market assets administered
$535bn+
Private debt fund assets under administration
Why Private Debt Managers choose Alter Domus for Trade Settlement
Private debt managers face constant pressure to settle trades quickly, accurately, and in line with evolving market standards. Alter Domus brings specialist expertise, scalable resources, and our CorTrade platform to deliver transparent efficient settlement across all loan types.
Deep Expertise
- Dedicated professionals focused exclusively on loan trade settlement
- Extensive experience across par, near-par, and distressed trades, as well as equity and trade claims
- Active members of LSTA and LMA, shaping industry standards and best practices
Technology & Transparency
- Real-time reporting via CorTrade
- Full visibility of documents, key dates, and settlement status
Efficient & Flexible Execution
- One-of-a-kind support for complex debt transactions
- KYC made easy: collection, archiving, and sharing with agents and counterparties
- Flexible settlement across all loan and financial product types
- Scalable capacity to handle peak volumes without adding internal strains
Alter Domus’ Trusted Scale
- $1.8tn+ Debt Capital Markets Assets under Administration
- $535bn+ Private Debt Fund Assets under Administration
- More than 620 private debt clients, including 27 of the 30 largest globally
Trade Settlement Services
Manual
trade settlement
- Draft (or review) and circulate trade documents
- Coordinate with agents and counterparties regarding documentation and settlement
- Liaise with counsel on distressed trades
Electronic
settlement platforms
- Sub-allocate trades and review trade confirmations and assignment agreements
- Facilitate execution of trade documentation
- Process settlement date coordination and review funding memos
Communications and documentation
- Archive and distribute all KYC documents to agents and counterparties
- Circulate executed settlement packages to clients, trustees, custodians, etc
- Provide real-time 24/7 access to trade status via our web-based portal, CorTrade
Trade Settlement powered by CorTrade
Providing real-time visibility, every step of the way
In modern loan trading, delayed feedback and fragmented documentation are among the biggest pain points. Alter Domus’ CorTrade portal solves this by centralizing status, documents, and key milestones for all the trades you entrust to us.
With CorTrade, you’ll gain:
- Live trade tracking from initiation to settlement
- Key date monitoring with alerts for settlement and approvals
- Seamless integration with our partners’ proprietary and third-party technology platforms
- Centralized documents including KYC, confirmations, and memos
- Full audit trail with downloadable reports
- Single source of truth regardless of settlement method
Whether handling high volumes, distressed trades, or complex assignments, CorTrade reduces friction, speeds up settlement across every trade.
FAQs
What is Trade Settlement?
Trade Settlement is the final step in a transaction where ownership of an asset is legally transferred from seller to the buyer, the payment delivered in return. It typically involves confirming trade details, signing and exchanging documentation, coordinating with agent banks and counterparties, and completing the transfer of cash on the agreed settlement date.
How do you reduce settlement risk?
Settlement fails stem from missing documents, mismatched details, or counterparty delays. Risk is reduced by:
- Standardized workflows (LSTA/LMA) that ensure consistency and accuracy across transactions
- Platforms that offer full transparency 24/7 such as CorTrade, enabling continuous monitoring and visibility
- Experienced, scalable resources to handle overflow, peaks and complex trades, even for clients who require support only on select transactions, without engaging a full business transfer
- Dual-approved workflows and regular reconciliations, ensuring no transaction is missed and all trades are completed on time, every business day
- Flexible, scalable support that grows with your business needs, ensuring seamless alignment as transaction volumes increase
- Specialized settlement professionals committed to efficient closings, giving clients the confidence that every trade is executed smoothly and without issue.
- Value-added services, including execution of Powers of Attorney, KYC document distribution and tracking, and cash-versus-settlement analysis, all designed to integrated seamlessly into client processes.
Ready to strengthen your trade settlement process?
Our Specialists are here to help you reduce risk, increase efficiency, and gain full visibility across every trade.
Complete the form below and a member of our team will contact you to discuss how Alter Domus and CorTrade can support your needs.
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