SAPI is a collection of components that provide secure, two-way electronic communication between Napa Group’s START software and other applications. SAPI, the START Application Programming Interface, provides your firm with a standard, supported function library to access START data and business functionality. By using SAPI as the bridge to START, firms are ensured of robust, optimized connectivity that will streamline daily processing.
- Transparent integration with other firms running START, the industry-leading software for adjustable securities.
- Two-way electronic access to START data through leading industry platforms, including STARTex, Bloomberg, and BondDesk.
- Real-time dissemination of inventory offerings, investor positions, rate updates, reset schedules, trade history, interest payments, and security master information.
- Full secondary trading, trade allocation, and auction bid entry support from a variety of third-party systems.
- Facilitation of broker fee sharing by selective presentation of other dealers’ inventory to your own investors.
- Secure data transmission between START and other endpoints using multiple layers of authentication and encryption.
- Efficient, reliable integration with in-house applications and back-office systems.
- Fast electronic data transmission saves time and eliminates costly mistakes due to manually rekeying trades, rates, security master, and other information.
- NapaHub™ provides a secure and reliable central point of communication, simplifying SAPI installation and configuration.
- SAPI provides instant connectivity between START and many leading systems, including:
- Napa Group’s STARTex
- Bloomberg BOOM
- Other broker/dealers
- Bloomberg TOMS
- BondDesk
- Impact
- MMD
- Internal proprietary systems
- Napa Client Services
