Welcome to FIAP product insights
Gain insights into how the Financial Instruments Automation Platform (FIAP) can help your firm enhance productivity, reduce errors, and optimise workflows. Dive further into the product offering to understand how it supports your firm.
TABLE OF CONTENTS
Streamlining Operational Processes with Automation
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Rigorous Regulatory Compliance Made Easy
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Accelerated Market Launch with Intraday Issuance
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Seamless Integration of FIAP into Your Workflows
FIAP reduces risks, enhances accuracy, and ensures consistent and reliable results across all business operations.
Key Benefits:
- Risk Reduction: Minimises operational risks with automation.
- Improved Accuracy: Reduces human errors, ensuring precise outcomes.
- Enhanced Efficiency: Speeds up workflows while maintaining consistency.
FIAP seamlessly integrates with your existing infrastructure, ensuring a smooth onboarding process. At TTMzero, we provide bespoke solutions for each client, including:
- Customised process flows
- Tailored document templates specific to your issuance needs
This allows for fully automated business workflows, perfectly aligned with your internal operations, boosting productivity and consistency.
End-to-End Issuance Management: Efficient and Seamless
FIAP covers the entire issuance process, from pre-issuance to post-issuance monitoring. Our services include:
Pre-Issuance:
- Defining the data model for diverse product types.
- Document template setup.
- MiFID target market classification.
During Issuance:
FIAP manages multiple workflows simultaneously, such as:
- Final Terms Generation
- PRIIPs key figure and performance scenario calculations
- MiFID target market assignment and validation.
- Cost and risk computations
Post-Issuance: Ongoing Monitoring
FIAP ensures compliance throughout the product lifecycle, automatically recalculating MiFID II costs and risks when necessary. When significant changes occur, updated PRIIPs KIDs and associated data are automatically generated and distributed to relevant parties.
FIAP automatically generates PRIIPs KIDs, securely stores all related data and documents, and distributes them to external systems and hubs via our integrated interfaces.
Connected Network of Third Parties
With integrations to supervisory bodies, stock exchanges, market data providers, and custodians FIAP simplifies compliance, data dissemination, and regulatory filings.
Our ecosystem includes connections to:
- WM Datenservice
- RegXchange
- Clearstream
- Börse Frankfurt
- Börse Stuttgart
- OEKB
- Ariva
- Dericon
- Infront
- Bloomberg
- BaFin
Rigorous Regulatory Compliance Made Easy
Comprehensive PRIIPs Compliance
FIAP delivers highly accurate key figures and scenario analyses, including:
- Value at Risk Equivalent Volatility
- Market Risk Measure
- Credit Risk Measure
- Summary Risk Indicator
- Expected value and yield for a simulated investment of 10,000 EUR for each of the following performance scenarios for both the recommended holding period (RHP) and maturity-dependent for interim holding periods in accordance with the applicable PRIIPs regulation:
- Favourable scenario
- Moderate scenario
- Unfavourable scenario
- Stress scenario
- Minimum scenario (where applicable)
- Total costs (expressed as an absolute amount and reduction in yield) for each holding period to be delivered as specified above.
- Cost break-down for the Recommended Holding Period:
- One-Off costs:
- entry costs
- exit costs
- Recurring costs
- portfolio transaction costs
- other ongoing costs
- One-Off costs:
Extensive MiFID II Compliance
FIAP simplifies MiFID II obligations by:
- Defining and assigning target market categories
- Creating validation rules based on MiFID key figures
- Generating MiFID-compliant response files for third-party distribution.
- Computing and monitoring ex-ante and ex-post costs
FIAP’s automatic alert system notifies you of any breaches and allows for audit-proof exception handling, ensuring regulatory traceability and transparency.
Fully Automated, Compliant PRIIPs KID Production
FIAP delivers automated, compliant KIDs that meet all regulatory standards:
- Customisable or RTS standard templates in multiple languages.
- Static URL hosting of the latest KID version and cloud-based versioning
- Daily monitoring of PRIIPs key figures to identify changes and trigger updates.
- Secure long-term archiving for regulatory audits.
Accelerated Market Launch with Intraday Issuance
Accelerate the launch of new structured products, ensuring they are agile enough to respond to market shifts and evolving investor demands.
In fast-paced markets, speed to market is crucial. FIAP, in partnership with Europe’s leading numbering agency WM Datenservice, facilitates intraday issuance workflows, enabling the launch of structured products within the same trading day—significantly faster than traditional overnight cycles..
Intraday Issuance Process:
- Create “ISIN shells” – preliminary products with incomplete data
- Complete issuance – populate remaining data fields on the day of launch
This system automates ISIN management, maintaining a ready inventory of ISINs and ensuring compliance.
Customisable Microservice Architecture for Flexibility
FIAP’s microservice-based architecture provides customisable modular solutions tailored to clients’ specific needs.
FIAP allows clients to select services and modules that best suit their needs at every stage of the product lifecycle. From setup to maintenance, FIAP ensures seamless integration with your internal processes.
Tailored Automation: Choose at which stages FIAP should take over, ensuring an optimised solution that aligns with your business operations.
Choose from a wide range of services tailored to meet your needs.
Explore our full range of tools and services:
User-Friendly KID Template Editor
TTMzero’s KID Template Editor is an intuitive, web-based solution designed to streamline the creation and modification of Key Information Documents (KIDs) while ensuring compliance with PRIIPs regulations.
Key Features and Functionalities
Easy-to-Use Web Interface
The editor is integrated directly with the FIAP platform’s automated KID generation engine, enabling seamless management of compliant, multilingual documents without requiring developer assistance. It features a user-friendly design, allowing product managers and compliance teams to:
- Create new KID templates in any of the supported languages.
- Edit and personalise existing templates.
- Apply corporate branding such as logos, colours, and fonts.
- Preview and download KIDs as non-editable PDFs.
Direct integration with the FIAP platform ensures that every template is compliant with Regulatory Technical Standards (RTS), as the system handles all PRIIPs key figure calculations automatically.
Multilingual Support for Global Compliance
Designed for issuers with cross-border operations, the KID Template Editor supports 25 languages, including the 24 official PRIIPs languages, plus Norwegian. It includes default templates that are pre-filled with the required legal language and formatting based on RTS, significantly reducing legal review efforts and ensuring consistency across jurisdictions.
Supported Languages: Bulgarian*, Croatian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hungarian*, Irish*, Italian, Latvian*, Lithuanian*, Maltese*, Norwegian, Polish, Portuguese, Romanian, Slovak, Slovenian, Spanish, Swedish.
Note: Some languages marked with an asterisk are not yet in production.
Robust, Audit-Proof Template Management
The KID Template Editor incorporates a four-eyes principle (Maker, Checker, Starter roles) to ensure governance and accuracy in the document creation process. Every action within the platform is logged and archived, offering a complete version history and audit trail for compliance.
Additional Key Capabilities:
- Multi-template editing: Modify multiple templates at once.
- Role-based access: Assign specific permissions to individuals.
- Automated notifications: Get alerted about workflow progress and required actions.
- Audit logs: Track and retrieve every change for transparency and compliance.
Workflows of the KID Template Editor
Key Benefits
- Intuitive editing interface: Quick onboarding and minimal training requirements.
- Pre-compliant templates: Reduce legal overhead with pre-set regulatory phrasing.
- Support for 25 languages: Ensure cross-border compliance with multilingual capabilities.
- Secure, audit-proof workflows: Maintain governance with comprehensive approval processes.
- Custom branding: Tailor templates to your company’s identity.
- Seamless integration: Link directly with FIAP’s automated KID generation for full PRIIPs compliance.
Diligent Life-Cycle Management with FIAP
FIAP ensures continuous regulatory compliance and efficient product maintenance in line with PRIIPs and MiFID II regulations throughout the product’s life cycle.
Key Benefits of FIAP Life-Cycle Management:
- Automated Monitoring: Continuous recalculations of PRIIPs metrics and MiFID II risk indicators.
- Regulatory Compliance: Real-time updates to meet evolving regulatory requirements.
- Efficient Operations: Reduced manual workload and risk of oversight.
Automated Monitoring for Ongoing Regulatory Compliance
Compliance doesn’t stop at issuance—financial instruments require constant monitoring to ensure they remain aligned with the latest regulatory standards under PRIIPs and MiFID II.
TTMzero’s FIAP platform automates the life-cycle management of financial products by recalculating essential investment figures daily, including PRIIPs metrics and MiFID II cost and risk indicators. When significant changes occur, FIAP automatically generates and distributes updated Key Information Documents (KIDs), ensuring that your product documentation stays compliant and up to date.
This proactive approach guarantees that the most recent KID versions are always published, providing regulatory peace of mind.
Efficient Handling of Life-Cycle Events
Certain life-cycle events, such as corporate actions or barrier breaches, require quick updates to data and documentation. FIAP ensures that these events are handled automatically, triggering an efficient and accurate process to update and distribute the necessary documents.
Key Automated Actions include:
- Distribution of updated instrument data to data vendors, exchanges, regulatory authorities, and other third parties.
- Recalculation of PRIIPs performance scenarios and Summary Risk Indicators (SRI).
- MiFID II cost transparency updates.
- Regeneration and dissemination of key documents, such as KIDs and Termsheets.
Supported Life-Cycle Events
FIAP supports the automatic processing of various life-cycle events, such as:
- Corporate actions (e.g., stock splits, mergers, spin-offs)
- Delistings
- Bid-only designations
- Knockouts and barrier breaches
- Maturities and expiries
Why Life-Cycle Management with FIAP Matters
FIAP’s robust, automated life-cycle management functionality ensures:
- Continuous Compliance: Always stay up to date with changing regulations.
- Audit-Proof Updates: Track every change with complete version history and archiving.
- Reliable Data Distribution: Ensure timely delivery of accurate updates to all stakeholders.
- Reduced Risk: Minimise human errors and manual oversight, streamlining your operations.
With FIAP, you can confidently manage every stage of your product’s life—from issuance to maturity—ensuring both regulatory integrity and operational efficiency at every step.
Seamless Connectivity to Clearstream D7
TTMzero is a certified Digital Market Partner of Clearstream’s D7 platform, a pioneering fully digital infrastructure for the issuance, processing, and lifecycle management of securities. In collaboration with Deutsche Börse Group, this partnership brings automation, efficiency, and global accessibility to financial product issuance and management.
What is D7?
D7 is Clearstream’s cutting-edge platform enabling the fully digital issuance and processing of securities. It allows issuers, financial institutions, and their service providers to transition from traditional paper-based workflows to fully automated digital processes. With seamless access to both centralised and decentralised infrastructures, D7 enhances speed, transparency, and security across the entire value chain.
As a trusted integration partner of D7, TTMzero offers:
- Fast and secure onboarding to D7’s digital issuance platform
- Expert support in technical setup, integration and regulatory alignment
- Compliant transmission of data and documents to D7
- Access to D7 Digital and DLT capabilities, including blockchain-based issuance
With deep expertise in structured products and automation, TTMzero is your link to a faster, smarter way to access digital capital markets through D7.
Key Stats
All 24 languages of the PRIIPs regulation, plus Norwegian
200k+ MiFID II and PRIIPs key figures calculations per day
50k+ Updates of KID documents per day
600k+ Newly launched products over the past 12 months
Less than 3 minutes for launch of an intraday issuance
10+ Data Vendors connected
Key benefits of FIAP
PRIIPs and MiFID II compliance
Regulatory-compliant documents.
Fully automated high-performance processes
Integrated routines and automation workflows for all pre- to post-issuance processes.
Reduction in Costs
Reduced Complexity with just one solution. No need to maintain an own infrastructure.
Fewer operational risks
Audit proof processes/audit trail/Monitoring by TTMzero.
Fast time-to-market
Ready-made processes and interfaces that can be put into operation immediately.
Customisable and highly scalable
Modular system that allows for scalability. Choose and pay only the modular components you need.
FIAP's Output and Workflows
FIAP as an all-in-one platform designed for data management and issuance automation, is capable of producing a comprehensive range of regulatory documents and real-time data. The platform efficiently orchestrates complex workflows, handling multiple tasks in parallel and distributing outputs automatically to key stakeholders.
Here is an overview:
Explore TTMzero’s offering
Financial Instruments Automation Platform - FIAP
Automate and streamline instrument issuance and lifecycle management.
Fair Value Pricing - FVP
Independent pricing valuations you can rely on.
Evaluated Real Time Prices - ERTP
Accurate real-time indications across thousands of financial instruments.
Key Figures and Risk Indicators
Instant insight into risk and performance.