DERIVATIVE PAYMENT VERIFICATION

DerivActiv provides periodic cashflow verification of dealer payment notices. The payment amounts due to or due from the counterparty are calculated based on the specific terms of each contract. You can use DerivActiv to check the counterparty statements and identify any errors that the counterparty may be making in these complex calculations.

With the recent disruption in the financial services industry, many firms are either completely out of business or substantially reducing their staff. This includes operations staff who are responsible for performing many of the ongoing payment calculations. Recently we have helped our clients discover errors in their favor as high as $70,000 on a single transaction. For clients that are using tax-exempt financing and derivatives, having the correct payment amount each period is crucial to ongoing compliance with the Internal Revenue Service rebate requirements.

LISTEN TO MUNIMARKET PULSE™
Podcasts of DerivActiv, LLC serve as a platform for top municipal professionals to speak directly to the issuers, advisors, and other municipal finance professionals in the broad municipal marketplace. Tune in each week as Johan Rosenberg, CEO of DerivActiv asks the pertinent questions in exclusive interviews with different prominent municipal finance professionals.

DerivActiv is a leading provider of ongoing payment verification and reconciliation of counterparty calculations for interest rate swaps and other financial instruments. For more information, call us at 866-200-9012 or click here to request a free demonstration