Latest Breaking News On - தீர்வு ஒழுக்கம் ஆட்சி - Page 1 : comparemela.com
AccessFintech taps Capco to accelerate post-trade transformation adoption - Global Custodian – The Leading quarterly magazine covering the international securities services industry
globalcustodian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcustodian.com Daily Mail and Mail on Sunday newspapers.
Efama calls for SDR delay
funds-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from funds-europe.com Daily Mail and Mail on Sunday newspapers.
IHS Markit enhances securities processing tech for CSDR s penalty regime - Global Custodian – The Leading quarterly magazine covering the international securities services industry
globalcustodian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcustodian.com Daily Mail and Mail on Sunday newspapers.
Further, buy-side forum participants agreed that efficient pre-matching will be a critical part of ensuring timely settlement. This was supported by the sell-side firm participating in the forum, which stated that 70% of firms’ efforts should be spent on getting the pre-matching process streamlined. This would entail agreeing on the economic details of a trade at the stage of trade affirmation.
Errors and penalties
To clarify, if there are discrepancies in trade confirmation details between market participants because manual processing is extremely error prone it could delay the settlement of the trade, which will then incur a penalty. As a result, firms should definitively agree on the terms of the trade in an automated and standardised fashion before the trade flows further downstream for settlement. Buy-side participants agreed that automated exception management solutions – whereby a problem trade is highlighted as early as possible for it to be rectified quickly - will
Pandemic shines spotlight on operational efficiency | Analysis
globalinvestorgroup.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalinvestorgroup.com Daily Mail and Mail on Sunday newspapers.