Overview
As FX, MM and derivative volumes continue to rise, automated confirmations matching is a critical step in the fast and efficient execution of deal settlement. Furthermore, with margins under pressure firms require an intelligent, enterprise-wide solution that can automatically match as many transactions as possible.
Key Features
TLM Confirmations Management software solution addresses the post-trade confirmation needs of participants in the global securities markets. It delivers:
- Increased operational efficiency through industry-leading automatch rates, enabling a focus on true exceptions and more value added work
- Enhanced risk management by replacing multiple legacy systems with proactive, exception-based processes to accurately manage pre-settlement exposures in real-time
- Improved visibility into confirmations for FX, MM and derivatives through a single, enterprise-wide solution
- Increased operational control through rich dashboards, providing both end-to-end process monitoring and drill down capability to the source of late confirmations
- Lower operational costs by removing duplication of effort across previously siloed back office infrastructures, drastically reducing the need for manual intervention
- More cost-effective and streamlined operations with the ability to manage higher transaction volumes with a lower headcount
- Continual process improvement through in-depth statistical analysis of speed, frequency and quality of data received from third parties to further boost matching rates
Product/Service details
SOLUTION OR SERVICE TYPE