The intuitive, easy-to-use software is designed to automate and improve existing business processes, bringing scalability in the face of an ever-increasing regulatory environment.
SureVu safeguards buy- and sell-side firms from falling foul of mandatory penalties and buy-ins by extending Salerio’s proven exception management processing across the full settlement cycle. Communicating with custodians via real-time SWIFT messaging, the Operations Manager can have full oversight of any issues within the settlement chain, identifying potential penalties and buy-ins instantly.
With the added security of an automated pre-settlement process, the chances of a trade failing in the first instance are greatly reduced.
·Settlement Failure: Real-time notifications promote issues management
·Settlement Risk Exposure: Pro-actively manage exposure of unsettled trades at counterparty or market level
·Avoid Buy-Ins and Fines: Comply with SDR requirements in a world of increasing scrutiny and penalties
·Reduce Costs: Streamlines and standardises trade settlement monitoring
·Light-Touch, Fast Deployment: Fully-managed cloud service enabling rapid onboarding and reduced infrastructure costs