CLEARPAR

Profile:
ClearPar provides the first fully operational web-based commercial loan settlement system dedicated to the efficient settlement of par loan closings in the primary syndication and secondary loan trading markets. The ClearPar system simplifies trade settlement by providing an integrated, collaborative, real-time environment for buyers and sellers to create, review, approve, and execute secondary trade and syndication documents. System generated documents include trade confirmations, assignment and acceptance agreements, net-off letters, multilateral agreements and funding memoranda. Since its inception in June 2000, the ClearPar system has settled nearly $172 billion in combined par and secondary loan trades and primary issue syndications.

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