SOLUTIONS · TRADING COMPANIES

Run a trading book in one record.

Multi-leg deals, multi-currency P&L, counterparty discipline built in. TradeOS holds both legs of a deal — the buy and the sell — on a single record, with the underwriting, the LCs, the documents, and the broker fees attached. Trading firms move from spreadsheet plus inbox plus treasury system to one operating record per book.

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TradeOS

HomeTasksDealsCounterpartiesFinanceDocumentsAudit

OPEN BOOK · GROSS$48.6M+$2.1M wk

UNREALIZED MARGIN$3.84M 7.9%−0.4pp wk · FX

FX EXPOSURE · UNHEDGED$1.12MEUR 62% · BRL 24%

CP CREDIT IN USE$22.4M of $34M66% utilization

P&L · 30 DAYS

DEAL-2026-0418·Robusta coffee · 320 MT · FOB Ho Chi Minh → CFR Santos

Active · both legs confirmedLC issued · sight + 30

Open trade record →

BUY LEG · SUPPLIER

Vietnam · FOB Ho Chi Minh City

Mekong Coffee Trading JSC

VN-1042 · supplier since 2021

Volume · price320 MT · $2,140 / MT

Contract value$684,800 USD

Credit limit$1.2M · 32% used

Country riskB+ · medium

Sanctions screenCleared 4d ago

Last 5 deals on-time

TRADER · YOUR BOOK

London desk · book ccy GBP

Margin between legs

USD

$98,560

12.6% gross

EUR

€91,800

11.7% net of FX

GBP · book

£78,420

10.0% net of fees

BuyDESKSell

Broker · commissionGreenhill · 0.45%

Finance costSOFR + 2.4% · 62 days

FX hedgeUSD→GBP forward locked

Working cap days62 days in cargo

SELL LEG · BUYER

Brazil · CFR Port of Santos

Atibaia Roasters Ltda.

BR-0207 · buyer since 2019

Volume · price320 MT · €2,420 / MT

Contract value€774,400 EUR

Credit limit€1.5M · 51% used

Country riskBB · medium

Sanctions screenCleared 1d ago

Last 5 deals on-time

DOC CHAIN · DEAL-2026-0418

CIPLBLCOPHYINSLCKYC·BKYC·SCDBLESAN-Q

9 collected · 2 pending · 1 attentionSanctions re-screen due in 2d

THE PROBLEM

Three failure modes the back-office can't see in time.

Trading firms run multi-leg deals across counterparties they have to underwrite themselves. The deal record sits in a spreadsheet, the underwriting in a CRM, the LC in the treasury system, the documents in email. The seams hide the failures.

01 · CASH BREAK

Buy-side LC clears, sell-side payment is 14 days late.

Two events on the same deal, two different systems, no link between them. Treasury reconciles the LC drawdown; AR chases the receivable. Nobody flags that the sell leg is now financing the buy leg out of working capital, until cash gets tight.

02 · COUNTERPARTY CONTAGION

Brazil counterparty defaults on one deal — their three other open deals surface six hours later.

The default lands in the inbox of one trader. The other three deals with the same counterparty sit in three other operators' pipelines. Total exposure isn't computed until end of day, after the wires have already gone out.

03 · FX BLEED

FX swings 4% between contract and settlement; the loss isn't visible until month-end close.

Buy in USD, sell in EUR, account in GBP. The contract margin looked fine in any single currency. The book-currency translation, hedge slippage, and finance-cost accrual show up in the close pack — weeks after the deal is over.

ONE WORKSPACE

Buy leg and sell leg, side by side, on the same record.

The trade record models both legs as siblings. Documents, finance, communications, and amendments all link to the same deal. Open the record, see what each leg owes, what each counterparty has signed, what the broker is owed, and where the LC stands.

DEAL-2026-0418 · WorkspaceMekong Coffee Trading → Atibaia Roasters · 320 MT Robusta

OverviewDocumentsFinanceLogisticsCommunicationsAudit

BUY LEGMekong Coffee Trading JSC

CONTRACT

Incoterm · price basisFOB Ho Chi Minh · flat

Quantity · tolerance320 MT ±3%

Quality clauseRobusta Grade 1 · 13% moisture max

LaycanMar 14 — Mar 24, 2026

FINANCE

Payment termsLC at sight · HSBC HK

LC referenceLC-HSBC-2026-114

Drawn$684,800 of $684,800

Finance cost accrued$2,840 to date

DOCS · INBOUND FROM SUPPLIER

Commercial invoiceReceived Mar 22

Bill of lading (3/3)Endorsed in blank

Phytosanitary certIssued by VN MARD

Inspection reportSGS HCMC · passed

SELL LEGAtibaia Roasters Ltda.

CONTRACT

Incoterm · price basisCFR Santos · flat

Quantity · tolerance320 MT ±3%

Quality clauseRobusta Grade 1 · back-to-back

Arrival windowMay 5 — May 15, 2026

FINANCE

Payment termsCAD · 30 days

Receivable€774,400 EUR

Factored€696,960 to TFG · 90%

HedgeEUR→GBP forward 1.182

DOCS · OUTBOUND TO BUYER

Commercial invoice (sell)Issued Apr 28

Bill of lading (endorsed)Released to buyer's bank

Certificate of originForm A · VN→BR

Customs declarationPending broker submit

PER-LEG ECONOMICS

Margin you can read in any currency, after FX, after fees.

Gross trade margin, FX impact, broker commissions, finance cost, net per-MT margin — computed in three currencies in real time. Toggle the book currency; rerun the lane comparison. The same view reads back to the desk and to the close pack.

DEAL-2026-0418 · Margin breakdown

USDEURGBP · book

Gross trade marginSell €774,400 less buy $684,800 at contract FX£88,84011.4%

FX impact · net of forwardUSD→GBP locked, EUR→GBP forward at 1.182−£1,840−0.2pp

Broker commissionsGreenhill · 0.45% on sell leg−£3,090−0.4pp

Finance cost · LC + factoringSOFR + 2.4% on $684,800 · 62 days carry−£3,260−0.4pp

Logistics · freight + insuranceCFR ocean · cargo all-risk−£2,230−0.3pp

Net margin to book£78,42010.0%

NET MARGIN · BOOK CURRENCY

GBP

£78,420

10.0% net · £245.06 / MT

SAME DEAL, OTHER CCYS

USD$98,560 · 12.6%

EUR€91,800 · 11.7%

VND₫2.42B · reporting only

BRLR$486,200 · reporting only

Vietnam → Brazil

Robusta Grade 1 · CFR Santos

Net margin / MT£245

Working cap days62

Country risk · bothB+ / BB

FX legsUSD → EUR

Indonesia → Brazil

Robusta Grade 1 · CFR Santos

Net margin / MT£278

Working cap days71

Country risk · bothBBB / BB

FX legsIDR → EUR

PREFERRED LANE · THIS QTR

Uganda → Brazil

Robusta Grade 1 · CFR Santos

Net margin / MT£188

Working cap days86

Country risk · bothB / BB

FX legsUSD → EUR

DOCUMENT CHAIN

Twelve trade documents, four counterparties, one chain.

A multi-leg deal generates two parallel document sets — supplier-side and buyer-side — that have to reconcile. EDMA tracks every required document by leg, by counterparty, and by destination jurisdiction. Status is collected, pending, blocked, or not required — never "somewhere in email."

Document chainscoped to 4 counterparties · 2 legs · VN→BR corridor9 collected · 2 pending · 1 blocked

Counterparty

PHY

INS

SAN

BRK

KYC

BLE

Status

Mekong Coffee TradingSupplier · VN-1042

✓

—

✓

—

✓

—

Cleared

HSBC Hong KongLC issuing bank

—

✓

—

✓

—

✓

Endorsement pending

Greenhill Brokers Ltd.Broker · sell leg

✓

—

✓

—

Cleared

Atibaia Roasters Ltda.Buyer · BR-0207

✓

—

✓

—

✓

—

Re-screen due

CI commercial invoice · PL packing list · BL bill of lading · CO certificate of origin (Form A) · PHY phytosanitary cert · INS inspection report · LC letter of credit · SAN sanctions screening · BRK broker contract · KYC KYC pack · BLE BL endorsement · CD customs declaration.

WORKING CAPITAL

Trade finance is the operating mode, not a feature.

Most deals are LC-backed, factor-funded, or financed deal-by-deal on the marketplace. EDMA holds the LC, the receivable, and the financing as objects on the deal record — not as PDFs in a treasury folder.

LC MANAGEMENT

Issue, amend, draw — without leaving the deal record.

Live LC objects with the issuing bank, beneficiary, tenor, and drawdown schedule. Amendments are versioned. Document presentation runs against the deal's actual document chain, so a non-compliant draw is caught before it goes to the bank.

LCS LIVE412

BANKS38

RECEIVABLES FACTORING

Sell-leg receivables routed to a factoring partner with one click.

Eligible invoices are scored, posted to the marketplace, and factored within hours. The deal record holds the assignment letter, the advance schedule, and the recourse terms — tied to the same buyer's credit limit and country risk profile.

FACTORS17

AVG ADVANCE88%

DEAL-LEVEL FINANCING

Underwrite a single deal on the marketplace when the bank line is full.

Open the deal, post the structure, and trade-finance funds bid the spread. Pricing is benchmarked against your rolling lane average; settlement runs back through the deal record so accruals and unwinds are automatic.

MARKETPLACE FUNDS9

AVG TIME-TO-FUND4.2h

COUNTERPARTY INTELLIGENCE

A network you didn't have to onboard.

1,820+ counterparties across 61 jurisdictions are already KYC'd in EDMA. Country risk is scored from four data providers and refreshed daily. Sanctions screening runs on every counterparty, every deal, every settlement.

1,820+

KYC'd counterparties

jurisdictions covered for sanctions screening

data providers feeding country risk

corridor lanes with multi-currency settlement

Cleared · sanctions + country risk in toleranceAttention · re-screen, near credit limitSuspended · new deals blockedActive in this deal

ONE EVENT, FIVE EFFECTS

A counterparty defaults on one deal. Five sections of the platform respond.

Counterparty risk is first-class on EDMA. When a credit event hits one deal, the trade record writes the event, every other open deal with that counterparty surfaces with current exposure, finance recomputes total at-risk, sales drafts the broker notice, and the audit trail records the chain.

CREDIT EVENT

Atibaia Roasters · payment default

DEAL-2026-0418 · sell leg · 14d past due · €774,400

Trigger event · 09:14 GMT

TRADE RECORD · DEAL-2026-0418

Credit event written to the deal timeline. Sell-leg state moves to Recovery. Receivable flagged for factor recourse.

+ event

COUNTERPARTY FILE · ATIBAIA

Three other open deals with Atibaia surface immediately, each with live exposure, leg, and stage. Credit limit auto-suspended pending review.

3 deals · €1.84M

FINANCE DASHBOARD

Total Atibaia exposure recomputed across the book. Country and sector concentration recalculated. Treasury alerted, factor partner notified.

€2.61M at risk

SALES · BROKER COMMS

Draft notice generated to Greenhill Brokers across all four deals. Operator reviews and sends — the trail attaches to each affected deal record.

Draft ready

AUDIT TRAIL

The full chain — trigger, propagation, recomputation, notifications — is written as a single linked sequence. Compliance can replay the timeline.

Linked · immutable

Total elapsed: under four minutes from the default landing in AR to the operator reviewing total book exposure across every Atibaia deal. Without EDMA, the same chain takes a day, runs through three systems, and settles in spreadsheets.

VS. THE WAY IT'S DONE TODAY

Treasury system, ERP, broker portal, spreadsheet — or one record.

Capability	TradeOS	Treasury system	ERP (SAP / NetSuite)	Broker portal	Spreadsheet
Multi-leg deal record (buy + sell as siblings)	✓	—	single-leg	—	manual
Multi-currency P&L · live, after FX, after fees	✓	FX only	close-period	—	manual
Counterparty credit limits enforced at deal entry	✓	aggregate	partial	—	—
Live LC management on the deal record	✓	✓	—	—	—
Sanctions / OFAC / dual-use screening per deal	✓	at payment	—	—	—
Country risk scoring · multi-source, daily refresh	✓	—	—	—	analyst
Broker commission tracking · per leg, per deal	✓	—	via AP	✓	manual
Hedge tracking against contracted FX exposure	✓	✓	—	—	analyst
Cascade across deals when a counterparty defaults	✓	—	—	—	—
Deploy time · first deal live	3 weeks	9–18 mo	12–24 mo	2–4 wk	today

A treasury system handles cash. An ERP handles the close. A broker portal handles the trade ticket. A spreadsheet holds the deal — and breaks the moment two deals touch the same counterparty. EDMA is the operating record across all of them.

FREQUENTLY ASKED

Five questions trading firms ask first.

How does EDMA handle multi-currency reporting?

Every deal carries a transaction currency per leg, a settlement currency per leg, and a book currency at the desk. P&L is computed in all three, live, with FX from the configured rate provider. Hedge instruments attach to the deal and the realized vs. expected slippage is shown on the margin breakdown. Reporting periods consolidate into the entity's functional currency through a configurable translation rule (period-end, average, contract date).

What counterparty data sources feed the system?

Country risk is sourced from Coface, Atradius, Allianz Trade, and OECD country risk classifications, refreshed daily. Sanctions screening covers OFAC, EU consolidated, UK OFSI, UN, and an internal dual-use list, with a configurable cadence per counterparty. Credit ratings ingest from Bureau van Dijk and Dun & Bradstreet. Customers can plug additional providers; mappings normalize to a single counterparty grade.

Can it model commodity futures and physical hedges?

Is sanctions / OFAC screening built in, or is it a bolt-on?

How does it integrate with our existing treasury system?

See a multi-leg deal run end to end on EDMA.

Book a 30-minute walkthrough. We'll model one of your live lanes, attach the counterparty file, and show the LC, the hedge, and the close pack on a single record.

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