OTC Derivatives Portfolio Reconciliation

Message Automation, helps clients reconcile portfolios of OTC derivatives trades against third party representations of the data, and to keep internal systems synchronised. Whether for risk purposes, valuations or collateral management we view this as an essential discipline for all market participants.

We can help you get trades out of your own systems and match them. in collaboration with Global Electronic Markets, we provide the Mediator matching and validation engine that supports full trade detail matching, including deep structural matching for structured products.

  • Prevent costly errors - by reconciling the front and the back office on a daily basis. OTC trades can have a long life cycle and become out of sync over time.
  • Match entire portfolios - Much more than just trade identifier matching or a few key fields - Mediator will also identify and feedback candidates for matches.

Why Message Automation?

Matching and reconciling OTC derivatives is a task unlike that encountered with other types of financial products. It is about addressing complexity, responding to change, understanding the products, and dealing with a variety of different systems.
  • Innovation: Mediator goes beyond traditional matching engines. Its structure matching algorithm is ideal for OTC derivatives.
  • Cross asset-class: Credit Derivatives, Equity Derivatives, Interest Rate and FX Derivatives - or your own structured products.
  • Expertise: We are FpML experts and know the products you are dealing with.
  • Rules based: Our matching algorithm is rule driven and can handle anything. New product types and asset classes work "out of the box" without requiring code
  • Speed: We can match full details of 10 trades a second, on a single processor.
  • Future Proof: We can match across FpML versions or even against wrapped messages.

Can We Help You?

If this sounds useful to you, we would like to have a discussion with you. We can give you background information about the market, or talk to you about your requirements.