Reconciliation is an essential control function within your Futures & Options back office. If your team doesn’t have the right tools to find breaks, they are hampered and spend too much time addressing exceptions and compliance reporting. This leads to inefficient working with duplicated effort, manual intervention and additional cost.
Our specialised exception handling software for futures brokers applies the power of the cloud to reducing workload, enabling your team to concentrate on the value add aspects of their work.
Warning signs: Compliance alerts
Problems can occur when your compliance team start raising alerts on the exception management process or regulatory reporting timeliness. Or perhaps your client service team’s workload starts to increase noticeably. With fast, accurate and traceable reporting and auditing, our proven platform satisfies even the toughest compliance officer!
Your goal: A Trusted Single Source
Having a single source of essential business data such as instruments has long been the goal of many financial institutions. Without this, having the tools to prevent missing data bringing entire processes to a premature end is vital.
Our software takes missing data in its stride and allows your business workflows to continue unimpeded, whilst auditing any breaks and driving out additional exceptions. Our dynamic master data model allows for unlimited definitions for say instruments ‘on the fly’, with no need for any data pre-handling.
Reliance on key personnel
If your exception handling, reconciliations and compliance reporting relies on key individuals, the cost of inefficiency can be huge. Our software, designed by practising finance professionals, enables the adoption of standardised, audited workflow processes in which effort can be directed at resolving breaks, finding missing trades and correcting misallocations.
Our specialist derivatives reconciliations solution embodies all the hard won experience you need for derivatives recs including F&O, FX, LME and complex enegry trades
Available quickly via the cloud, we already handle 90% of exchange, counterparty and broker formats and data sources, leaving your team free to focus on finding and fixing exceptions
Based on the 80/20 rule, our specialist software has scope for ‘last mile’ customisation meaning our clients can focus on their own unique requirements, delivering the best of both worlds
Our flexible commercial model is designed to be economically viable, scaling based on asset classes and value-add, working equally well for banks, brokerages and FCMs