Repurchase Agreements
Reduce fails.
Compress timelines.
Retain legal finality.
Repos are the plumbing of short-term funding. One party sells securities and agrees to repurchase them later at a set price. They are fast, frequent, but operationally unforgiving.
But breaks creep in at the edges: mismatched data at trade capture, manual confirmations, contingent events mishandled, or cash and collateral legs drifting out of sync. The result? Avoidable risk, swelling workloads, and settlement uncertainty. This is what Tokenovate solves by streamlining repo processing from execution to maturity.
Small inconsistencies compound quickly. Trade and legal data are captured in different formats. Confirmations still rely on emails and spreadsheets. Lifecycle events (cancellations, rolls, splits) fall outside control frameworks. Cash and collateral often move on separate systems with no shared state. Operations teams end up chasing status across inboxes and portals instead of resolving failures.
Tokenovate’s post-trade automation platform provides an end-to-end workflow for managing repos.
By embedding automation, tokenisation, and straight-through processing, managing the repo lifecycle becomes more effective – from execution and contract formation through to settlement and maturity.
Starting from a unified, CDM-based trade record the Tokenovate platform keeps all steps – data, legal context, and process – in sync. The product modules Connect, Automate and Settle can be adopted individually or as an end-to-end flow.
Ingest bilateral and tri-party trades via FIX, FpML, ISO 20022, and associated legal agreements (e.g. GMRA) and normalise them with the Common Domain Model (CDM). Affirmation and confirmation become straightforward, and breaks are prevented before they settle. The same record can feed risk, treasury, and operations teams in real time.
A rules-driven engine handles both scheduled (formation, confirmation, purchase, repurchase, maturity) and other events (e.g. cancellations, re-rates, novations). Each event is processed deterministically, in accordance with the underlying legal documentation and product terms, with all data and events recorded immutably on-chain.
Coordinate cash and collateral across custodians, CSDs and payment rails. For tokenised workflows, Tokenovate supports a mint–settle–burn model: the custodian or CSD remains the authoritative book of record, while you gain atomic DvP and an immutable audit trail.
Liquidity, Speed, and Precision
With shorter cycles (T+1 and beyond), repo desks, funding teams and mid/back office operations face tighter deadlines and greater liquidity pressures. Manual steps once considered tolerable now create systemic risk. Tokenovate standardises data, turns lifecycle logic into software, and synchronises settlement with custodians - helping firms cut operational drag and stay ahead of the curve.
Tell us a little about your repo setup and what you’d like to improve. We’ll tailor a session to your stack.
RESOURCES
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Tokenovate sponsors ISDA and IA collateral event
Tokenovate is proud to sponsor "Collateral and Liquidity Management: Driving Collateral Optimisation...
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Exception management at the speed of T+1
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