Trade data integrity

Post-trade optimisation is a key agenda item for COOs and CEOs in financial markets. Driven by the relentless demands of regulators across the globe through Dodd-Frank, EMIR and MiFID, they are also aiming to meet the universal aspiration for a step-change in the quality of financial (profit and loss, funding, liquity) and risk management capabilities.

Increasing compliance requirements from regulators across the globe has combined with an ever-increasing raft of changes in risk management, real-time reporting and validation of trades including those brought about by Dodd-Frank, EMIR and MiFID.  As a result, the importance of data quality and the optimisation of post trade services has never been so important.

We help our clients streamline their trade support and execution processes by combining our technical expertise with substantial operational experience of managing these processes. The primary challenge is to ensure the efficient validation of trades, the integrity of trade booking and transaction data in a controlled and compliant operation.

By taking a real T0 and T+1 focus, banks can benefit significantly from the enhanced trade and transaction integrity. This enables quicker and more accurate confirmations, settlements, profit and loss production and risk management. This in turn drives greater efficiency downstream through the whole trade lifecycle, reducing errors, manual interventions, reconciliations, breaks and fixes.

Increased trade enrichment also has a positive impact on overnight processing. Offshore offices performing batch processing activities benefit from the improved data quality and decreased time spent on fixing unresolved transaction issues, allowing clients to meet evolving shorter settlement cycles standards as we help banks consolidate trade enrichment and validations functions on a T0 and T+1 basis. Given the increased trading activity across multiple asset classes, operating in silos is not considered as an effective strategy for optimizing post-trade efficiency. We help banks re-align their transaction management team to be business facing, bringing further efficiency in the way asset classes are serviced post execution both within the bank and on behalf of their own clients.