There is an ever growing need to reduce settlement risk, streamline treasury activities, maximize staff efficiencies all while increasing per-trade profit. Financial institutions have often acquired or built home-grown automated confirmation matching software to address such needs. Such software, however, has often proved unsuccessful in today’s market environment, typically addressing only limited types of processing. For example it often ignores business activities such as exceptions handling, investigations and corporate trades and often lacks support for market changes and business growth. Many legacy confirmation matching systems still in operation lack a rich set of features required for today's increasingly competitive business market. Meanwhile, financial regulators are becoming more critical of institutions whose internal systems and operating procedures are unable to support today's rapidly evolving environment.

allMATCH® supports SWIFT and non-SWIFT pre-settlement confirmations of foreign exchange, money market, derivatives, swaps, precious metals, continuous linked settlement (CLS), non-deliverable forwards (NDFs), and bank notes. It includes a built in investigations capability and can create internal or external (MT395 or MT399) investigations right from the deal exception. A best-in-class solution, with automatic exception ‘learning’ and automated chasers, some of the biggest global banks’ treasury departments today use allMATCH® in Asia.

For further details please visit Surecomp’s website