Counterparty Management
Overview
The Counterparty Management System is the foundation of Indication Market, enabling institutions to establish, configure, and manage bilateral trading relationships with other known institutional partners. This system provides comprehensive controls for invitation management, role configuration, and trading parameter customization.
Core Features
Invitation and Onboarding System
Sending Invitations
Institutions can invite other organizations to establish trading relationships:
Institution Invite Codes: Copy system-provided codes to share with potential counterparties
Institution Code Sharing: Distribute codes through secure communication channels
Accepting Invitations
Organizations can join trading networks by:
Using Invitation Codes: Enter codes received from other institutions
Institution Verification: Verify the identity of the inviting organization
Relationship Establishment: Complete the bilateral connection process
Counterparty Configuration
Each counterparty relationship can be customized with specific trading parameters:
Role-Based Permissions
Configure the trading roles for each counterparty:
Lender Only: Institution can only lend to this counterparty
Borrower Only: Institution can only borrow from this counterparty
Both: Institution can both lend to and borrow from this counterparty
Lender Configuration Settings
When acting as a lender to a specific counterparty:
Maximum Tenor: Set the maximum loan duration (in days) for loans to this counterparty
Maximum Match Value: Define the maximum transaction amount in USD for individual loans
Unlimited Option: Toggle to remove transaction limits for trusted counterparties
Borrower Configuration Settings
When acting as a borrower from a specific counterparty:
Maximum Tenor: Set the maximum loan duration (in days) for borrowing from this counterparty
Maximum Match Value: Define the maximum transaction amount in USD for individual borrows
Unlimited Option: Toggle to remove transaction limits for established relationships
Status Controls
Enable/Disable Trading: Temporarily suspend or activate trading with specific counterparties
Counterparty Workflow
1. Invitation Process
Institution A → Generates Invite Code → Shares with Institution B
Institution B → Enters Invite Code → Sends Relationship Request
Institution A → Reviews Request → Approves/Rejects
Both Institutions → Configure Trading Parameters → Relationship Active2. Configuration Phase
Both parties independently configure their trading parameters:
Set role permissions (Lender/Borrower/Both)
Define maximum tenor limits for the relationship
Establish transaction value limits
Configure status management preferences
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