Securities Reconciliation

The manual reconciliation of settlements and trades can present a significant operational risk.

Aqua Global’s securities reconciliation solution allows banks to have greater control and visibility of their settlement and trade positions. Every aspect of the trading and settlement lifecycle for any security is supported within e2gen’s integrated solution.

Securities Reconciliation is typically configured for matching SWIFT securities positional and trade statements against the details held in the back office system, information can be received in SWIFT Fin format (MT535, MT536 and MT537), the new XML standards for funds or any other propriety format.

Some of the benefits include:

• Fully formatted confirmation and payment messages
• Clear visibility between trades, amendments and cancellations
• Streamlined production of outward settlement messages in any format
• Easy to configure standard settlements instructions
• Increased volume capabilities
• Reduced manual effort and risk