Message Automation harmonises clearing report data for major global banks.
A year ago Message Automation published a white paper ‘Hell Freezes Over’ highlighting the fragmentation of information in Post-trade derivatives processing caused by new regulation and market practices.
A year ago Message Automation published a white paper ‘Hell Freezes Over’ http://tinyurl.com/goudotr highlighting the fragmentation of information in Post-trade derivatives processing caused by new regulation and market practices. One key aspect of this fragmentation is in the clearing reports produced by CCPs, exchanges and brokers containing vital information for management of derivatives processing. Working with three global banking clients based in North America, Europe and Asia, MA has now harmonised the data from hundreds of these reports, from dozens of agencies, enabling efficient, effective control of information flows to a variety of internal bank consumers. This paper summarises the way our clients are benefitting from this harmonisation. With increased mandatory clearing and collateral management demands coming over the horizon, we believe that management of this data will be a growing challenge for banks and buy-side firms alike. If you would like to know more about our solution in this area please contact us.