Resitrader has launched the first in a series of application programming interfaces designed to create an integration with investors’ in-house systems and automate critical functions throughout the digital loan trading process. Resitrader is the digital-loan trading platform from Optimal Blue.

The API allows the investor to connect to the Resitrader marketplace and automate pricing, offer pick-up, bid-tape retrieval, bid placement and return, seller assignment, trade confirmation and commitment.

“The Resitrader APIs are another step forward as we create an open architecture that links buyers and sellers across the Optimal Blue platform,” said Scott Happ, CEO of Optimal Blue. “Our hedge advisory clients, as well as those that self-hedge or use another hedge provider, will benefit from this new technology as we continue to pursue our goal of serving all clients and vendors across the secondary market.”

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Designed specifically for innovative investors operating at scale with an existing trading technology platform in place, the API will embed and trigger the capabilities of Resitrader--without requiring the investor to ever leave their own in-house systems.

[caption id="attachment_5372" align="alignleft" width="190"] Scott Happ[/caption]

The investor is able to actively engage with Resitrader’s digital loan-trading marketplace and hundreds of participating buyers and sellers, increasing productivity without the prerequisite of training on a new platform. They can monitor deal flow in real time as the systems communicate directly on pricing and trading, and benefit from the speed, accuracy, and scalability provided.

Sellers gain faster responses, increased accuracy, and the ability to reallocate most of their time to making more informed execution decisions.