Quick Links Any Questions? Learn More validator Workbench validator Engine Evaluation Centre Download Now!	Verification Of Complex Trade Structures The ever increasing complexity of structured products in the OTC derivatives arena is giving rise to far greater risk. Credit and market risk can all be monitored effectively by specialist pricing and risk engines, but what if the trade has not been captured correctly, or trade data is not accurately represented in downstrream systems? Leaving trade structres underconstrained results in a "garbage in-garbage out" architecture. Structured trades The explosive growth of trade volumes of the hybrids and exotics desks of financial institutions means that manual checking of complex trades is becoming more onerous. Message Automation can help turn manual checking of trades into a largely automated process. Using Message Automation's patented Validator technology, middle office business analysts can apply business rules to any trades which are expressed electronically (normally in XML.) An institution can therefore easily define and apply its own bespoke rules. These can then be used to verify even highly complex strcutured products The benefits of this apprach can be signifcant Validation of deal structures against internal policies De-skilling of review tasks to free up experienced resources Capturing and documenting the knowledge of the middle-office Reconcile quant systems & trade systems to ensure accuracy of downstream data Continuously refine rules and handle new strctures without writing code Implementation of messageAUTOMATION validator can be accomplished in weeks rather than months and so ensure a dramatic return on investment. These timescales have been proved in one of the world's largest investment banks. Learn More The quick links on the left will take you through the validator Workbench GUI and the Engine - feel free to write to us if we can answer any other questions.