Our peer-to-peer (P2P) repo solution empowers buy-side firms to access diverse sources of liquidity and efficiently interact with other market participants — on their own terms and at reduced costs.

We bring new liquidity opportunities to repo markets by directly connecting participants (or “peers”) on a stable, standardized platform. This allows participants to trade bilaterally, while we guarantee the payment of the repurchase price to the investor. By eliminating balance sheet costs – which are typically passed along by dealer intermediaries – we drive competitive rates.

In eligible jurisdictions, our Venturi^SM by State Street platform provides further efficiency via an electronic front-end interface that enables real-time negotiation, execution, notification, and automated integration with settlement and margin processes.

Improved economics

• Seize opportunity for higher yields and lower financing costs
• Transact with expanded buy-side peers under a broad set of collateral types
• Negotiate directly with peer counterparties, improving price transparency

Increased efficiency

• One set of standardized documentation grants access to the full peer network, eliminating the need for numerous bilateral agreements
• Intuitive Venturi workflow enables real-time negotiation, execution, and automated integration with settlement and margin processes

Lower operational and counterparty risk

• With our guarantee of the borrower’s performance, cash investors can access diverse pools of liquidity, backed by our strong credit profile
• We enable borrowers to easily connect with highly rated investors
• We reduce your operational burden by handling back-office requirements relating to collateral valuation, margin management and trade reporting