UBS deploys Thunderhead for trade confirmation

UBS has deployed technology from Thunderhead to help automate its processing of exotic treasury trades. Thunderhead’s document generation platform will be used to automate trade confirmations for exotic over-the-counter treasury transactions.

Gerry Murphy, executive director and head of OTC operations IT at UBS, says: “Thunderhead has proven to be a high-quality component for document generation and does exactly what we expect and demand of it.”

The Thunderhead platform offers a review framework