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.
Best Post-Trade Service Provider Globally