Solutions: Derivatives Industry (FpML)
xlinkit: reducing data errors
Incorrect of missing contract details result in 14% of trades being rebooked and average settlement times being T+5, versus an average of T+1.5 for non-derivative products -- ISDA 2003 Operations Benchmarking Survey
Minimize rebooking of trades
- Begin out-of-the-box monitoring for compliance with industry standards (FpML)
- Introduce checks, on your terms, to verify contract details are complete and valid
- Receive regular updates and stay current with evolving industry standards
Accelerate the roll-out of innovative and complex products
- Get the jump on competitors and be first to market with new products
- Rapidly implement automated processing with our flexible product range
- Be confident that your processing rules comply with industry standards
Reconcile buy and sell contracts instantly
- Automatically reconcile trades to immediately expose inconsistencies
- Seamlessly match trades with counterparties using different data representations
- Introduct validation without disrupting existing computer systems
©2005 Systemwire