Assignment of Trades (AOT) has always been labor intensive, error-prone, costly and inefficient for mortgage originators, asset managers and broker-dealers alike. Not anymore.
Mortgage-Backed Securities (MBS) Trade Assignment Portal (TAP) is Broadridge's fully transparent, secure, centralized web-based utility offering a single electronic platform for trade assignments. Through the portal, all participants can electronically initiate, review, accept and sign AOT requests using automated workflows and e-signatures — accelerating the process, removing operational risk and cutting costs.