Settle bilaterally without delivering first
On an OTC trade one side has to move first. BridgePort covers both legs against collateral pledged at each side's custodian, so neither desk carries the other's delivery risk.
Neither Side Delivers First
Both legs settle against collateral pledged at each side's custodian, so the exposure is covered from the moment the trade is struck.
Trade Without Credit Lines
Face counterparties you have not extended credit to. The collateral is pledged before the trade, so the exposure does not rest on the relationship.
One Process, Every Counterparty
Settle the same way with every desk you face, rather than running a separate bilateral process for each relationship you have.
Net Across Counterparties
Aggregate and net positions across the desks you face, reducing the number of settlement transactions and what each one costs to run.
Delivery risk comes out of the trade, not the spread
Bilateral settlement means someone moves first, and that exposure gets priced into every quote you make. BridgePort settles both legs against collateral pledged at each side's custodian, so you can quote on where the market is rather than on who you are facing.