ClearPar Connect: May Update - 5 Essential Insights

Operational efficiency in the loan market is crucial for businesses navigating today’s complex financial landscape. As part of our ongoing "ClearPar Connects" series, our May session featured Jack Colombini, Executive Director, Loan Platforms, S&P Global Market Intelligence. The discussion centered on the latest features, upcoming enhancements, and best practices for utilizing the new interface, while also addressing key trends that impact loan operations, trade settlement times, and data accessibility. Below are the essential takeaways from the session.

1. Record Settlement Volumes: April witnessed unprecedented settlement volumes, marking a significant uptick in activity within the loan market, especially in the LSTA sector.
2. Enhanced Operational Efficiency: With the increase in settlement volumes, settlement times have notably decreased. This improvement reflects a more efficient market, driven by fewer primary delays and restructures.
3. Powerful Loan Reconciliation Tool: The loan reconciliation tool has received important updates, underscoring the need for users to keep their affiliate associations current for optimal data management and accessibility.
4. Simplified Borrower Consent Process: A new borrower consent feature has been introduced to streamline the consent workflow, enhancing transparency and expediting settlement times for users.
5. Innovative ClearPar Analytics Solution: The upcoming analytics solution will empower users to create customized reports and dashboards, significantly improving workflow management and data analysis capabilities.

View the webinar on-demand to gain further insights.

What’s Coming Next?

As we advance through 2025, effective communication remains crucial. Here’s a glimpse of exciting features and enhancements on the horizon for ClearPar:

• ClearPar Analytics: Access your ClearPar data in a new way, allowing for the creation of tailored reports and dashboards for stakeholders across all functions.
• ClearPar Participations (August Release): A Master Participation dashboard will connect trades, generate real-time master schedules, and streamline the elevation process, ensuring faster settlements.
• Restructures and Cashless Rolls (Q4 Release): A new workflow tool will facilitate systematic updates after corporate actions, preserve original confirms for rolled trades, and accurately reflect interest accruals for both facilities.

These enhancements highlight our commitment to advancing the market by improving data accessibility, automating manual processes, and investing in innovative technology.

Stay tuned for more updates as we continue to support our clients in navigating the dynamic landscape of the loan market!