“A pioneer primary market digital tool for commercial paper issuance“
Glofs (Global Funding System) is a primary market digital tool for commercial paper issuance created by PKF Attest Capital Markets AV.
It is a secure, central platform that connects issuers in a direct, agile, confidential and transparent way with their dealers and other programme agents involved in the process of issuance, documentation, listing and settlement of primary commercial papers.
Our platform simplifies, digitalizes and automates most of the manual processes involved in commercial paper issuance, optimizing the way CPs are handled and allowing issuers to reduce costs, minimize operational risk and increase efficiency.
Glofs is a robust technology suite, offering borrowers and dealers the following:
Communication channel for indicative CP issuance levels and price quotations.
Book-building and reverse inquiries tools, allowing dealers to directly transmit their investor demand and inquiries to their active issuers.
Automated communication for trade confirmations.
Automated documentation generator tool for executed deals.
Market analytics, price benchmarking and market activity monitoring.
MIS-Reporting of issuers and dealer’s activity.
A simplified operational process in a robust digital workflow.