Salerio

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Overview

Salerio links your Order Management Systems (OMS) to Portfolio Accounting Systems (PAS), taking away a multitude of potential middle office post trade processing problems.Electronic Trade Confirmation (ETC), Electronic Trade Delivery (ETD) and Electronic Settlement Tracking (EST) automate trade matching and affirmation of equities and fixed income instruments with your brokers, then issue settlement instructions that can be subsequently monitored to minimise risk of failed trades or settlement delays. Our advanced exception management (Straight-To-Processing™) enables control of key trade data to reduce operational and financial risk throughout your post trade processing cycle.

Regarded as a business critical system by leading asset manager, hedge fund and 3rd Party Administrator businesses, Salerio is used across global markets to better manage both SWIFT and Omgeo messaging in the same workflows, enabling you to minimise matching and confirmation cost per trade, as well as improve risk mitigation.

With increasing focus on middle and back office risk, yet decreasing investment budgets, compelling commercial justification is essential for any expenditure on post trade processing. Thanks to Salerio’s standardization, all modules can be used as standalone applications, all are speedily implemented (ensuring rapid Return on Investment), and they are far more easily and cost-effectively upgraded, which to all intents and purposes means they have an inbuilt continuous improvement programme.

We think all that makes Salerio not just the best at what it does, but the best value too. Our clients agree.

Post Trade just got a shake up!

Key Features

Electronic Trade Acceptance (ETA): For US Domestic Securities and Fixed Income trades, ETA interfaces with Omgeo’s Oasys Domestic system to automate distribution of US domestic block and trade allocations to your brokers

Electronic Trade Confirmation (ETC):  Automates the local matching process for block and allocation security trades, covering equity and fixed income asset classes.

Central Trade Matching (CTM): Salerio CTM connects directly to Omgeo’s Central Trade Manager (CTM) removing the need for development by clients to access or use Omgeo’s own interface.

Electronic Trade Delivery (ETD):  Generates settlement instructions for equity and fixed income trades, sent in SWIFT, fax and email formats as specified by recipients.

Electronic Settlement Tracking (EST): tracks SWIFT or other proprietary settlement confirmation/notification messages after the trade has passed through your settlement system (eg ETD), to alert users of trades at risk of failure before settlement is due.

Treasury Confirmation (TC) and Treasury Settlement (TS): use the same advanced functionality as their securities counterparts to improve confirmation and settlement workflows of treasury instruments – Foreign Exchange (Spots, Deliverable Forwards and Non-Deliverable Forwards) and Deposit Trades, (including Continuous Linked Settlement)

Key Benefits

Efficiency: superior exceptions management delivers only trade files needing intervention to processing teams - they always work on the most important trades

Rapid ROI - standardized software ensures rapid installation, easier maintenance and scalability at optimum cost whenever you need it

Consistently praised user-friendly dashboard with no need for middleware to connect with Omgeo and SWIFT

Comprehensive management information suite

Product/Service details

Geographic Availability
Asia-Pacific, Europe, Middle East, North America
Asset Class Coverage
Bonds, Equities, Foreign Exchange (FX), Money Markets, Structured Products