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Novation Alerts
Manage Novations and Adhere to ISDA Guidelines
Markit's Novation Alert service provides a centralised place to notify affected parties, track consent, and monitor adherance to the ISDA Novation Protocol guidelines.Our Novations Alert service allows our clients to:
- Quickly send real-time alerts to remaining parties and transferees
- Track consents received prior to the trade day deadline
- Electronically send automatic chasers for open consent requests
- Implement consistent and auditable process for all novation communications in one central location