Settlement Monitor

Settlement Monitor is a centralized, global fails management platform, dedicated to tracking, reconciling, and resolving pending and failed securities finance transactions.

Designed to reduce failing trades and alleviate costly penalties and buy-ins in the Central Securities Depository Regulation (CSDR) regime, Settlement Monitor takes into consideration all the different variables that could stop a settlement of a trade. The dedicated pre-matching and fails management engine compares mandatory fields required for settlement to identify and address issues which may cause trades to fail.

Crucially Settlement Monitor reconciles SSI information from EquiLend’s SSI repository to not only display discrepancies but also suggest corrections. Additionally, taking real-time collateral status updates from EquiLend’s Exposure platform provides confirmation of pre-pay information to enable loans to be released into the market.

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Features

Global fails management across any market
Supports automated connectivity to proprietary systems to propose amendments or rebook trades
Centralized view of all intra-day activity with real-time feeds taken from EquiLend products including: EquiLend Exposure, SSI Repository, Returns UI and Unified Comparison

Easy to onboard, as pending and failed transactions data is taken from real-time OneFile connectivity
Available as screen-based solution or via download or outbound file to incorporate into proprietary systems
Enables on-screen communication with colleagues and counterparts for transparency and quick resolution

Global Investor/ISF Awards 2022
Best Post-Trade Service Provider Globally

Benefits

A dedicated pre-matching and fails management engine compares mandatory fields required for settlement to identify and address issues which may cause trades to fail

Each trade is assessed for errors at the point of trade and throughout the trade lifecycle, utilizing data from multiple sources to accurately identify errors, reducing fails and the costs associated with them

Offers clients a meaningful way to further prepare back-office functions for the introduction of CSDR and minimise fails

Settlement Monitor

Settlement Monitor is a centralized, global fails management platform, dedicated to tracking, reconciling, and resolving pending and failed securities finance transactions. Designed to reduce failing trades and alleviate costly penalties and buy-ins in the Central Securities Depository Regulation (CSDR) regime, Settlement Monitor takes into consideration all the different variables that could stop a settlement of a trade.