Close the risk window with real-time multi-asset trade confirmations
Despite progress in automating treasury confirmations between banks and their commercial clients, many trades are still confirmed manually. Slow and prone to error, manual confirmations expose both sides of the trade to risk. EMIR and Dodd-Frank have both increased the need to automate the confirmation process and introduce electronic matching.
Regulatory compliance is driving demand for solid, secure systems that are certified to SSAE16 and ISAE3402 standards. FusionBanking Confirmation Matching Service is the leading solution on the market with more than 1,100 clients worldwide automating trade confirmations between SWIFT and non-SWIFT counterparties in real time to remove trading risk, and increase automation for corporate treasurers and fund managers.
Eight million trade confirmation matches are made on the system each year and Misys is the largest non-bank SWIFT member. The solution also includes complete SWIFTNET Service Bureau capabilities. You can also automatically forward matched trades to our Regulatory Reporting Service to be enriched and uploaded to Trade Repositories to comply with EMIR reporting requirements.