Clearing & Settlement
Clearing & Settlement is the backbone of financial markets with the ability to integrate to ZagTrader’s front-office systems, Custody product and global exchanges. The Clearing & Settlement system ensures proper trade settlement with DVP, RVP and FOP transactions.
The Clearing & Settlement system supports multiple asset classes, securities, markets and settlement processes either with cash settlement or physical delivery. It also provides the required Risk, Compliance and Regulatory reporting on matching instructions, settlement delays, settlement failures and rejected trades. It also provides automated workflows and tools such as mis-match resolution within defined tolerances.
Equip your institution with the full package of a tightly integrated front, mid and back office Clearing & Settlement system.
Key Features
- Support for multiple settlement processes
- Support for Physical or Cash Settled securities
- Matching, Fails management and Reporting
- Management of Daily Settlement Limits, Obligations and Rules
- Automated or User driven workflow and processing
- Integration with ZagTrader EMS, OMS and Custody products
- Automated escalation, Mis-Match resolution and processing
- Efficient and easy to use UI, dashboard and setting
Advantages
- Trade Natural on Multiple Routing Networks
- High Scalability
- Easily Integrated
- Asset Management
- Real-Time Transaction & Processing
- On Demand Reports Production
- Institutional Trading Tools
- High Performance
- Cost Efficient
- Conveniently hosted at your side or over the ZagCloud
