About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Meritsoft Unveils Advanced Platform for Post-Trade Process Automation

Subscribe to our newsletter

Meritsoft, a subsidiary of Cognizant that specialises in post-trade process automation, has launched its next-generation technology platform offering advanced post-trade process automation capabilities. Built using the latest technologies, the new platform aims to deliver operational efficiency gains and cost optimisation opportunities by better supporting firms’ post-trade processing requirements across fails management, financial transaction taxes (FTTs), CSDR penalty management, settlement efficiency, claims management, brokerage trade expense management, research, and commission sharing agreements (CSAs).

The platform is designed with an API-first approach, following contemporary architectural principles and standard data communication practices. This provides users with better cost efficiency and operational stability, allowing for smooth workflow adaptability and integration. Data produced can be analysed using the comprehensive API suite by machine learning systems and AI tools, enhancing predictive analytics and boosting overall performance.

The platform can be hosted on either a public or private cloud, based on the client’s choice. This allows for immediate scaling to match varying workflow demands, aligning with the trend of cloud adoption. Not only does this offer banks significant cost benefits, but it also ensures efficient use of resources, meaning that users can avoid excess energy use, computer power, and data costs, according to the company. Additionally, clients can opt for regular and detailed system updates, eliminating the need for major, disruptive system upgrades.

Meritsoft’s solution for managing FTTs is the first of the company’s offerings on this new technology, addressing the needs of several clients aiming to improve their tax operations. It also prepares them for evolving transaction tax regulations and upcoming rule changes.

Daniel Carpenter, CEO of Meritsoft, commented: “We have channelled our extensive experience of delivering automated post-trade solutions into this new technology platform to deliver our most comprehensive and holistic solution to date. With capital markets participants facing an increasing number of challenges, such as shorter settlement cycles, rising interest rates and an increase in interest claims, and transaction tax implementations, it is important that institutions are armed with innovative and scalable technology to stay abreast of fast-moving markets, evolving regulatory requirements and client preferences.”

Subscribe to our newsletter

Related content


Recorded Webinar: Enhancing Buy-Side Trading Efficiency: Navigating Interoperability and AI in Real Workflows

Enhancing Buy-Side Trading Efficiency: Navigating Interoperability and AI in Real Workflows Emerging capabilities in AI and interoperability are transforming trading workflows, with the promise of heightened levels of collaboration and personalisation resulting in greater efficiency and performance. The potential of these new technologies is encouraging financial firms to modernise their trader desktops and streamline operational...


AI Integration in Capital Markets: Current Trends and Future Directions

Although artificial intelligence (AI) and machine learning (ML) have been widely used in the capital markets sector since the 2000s, the emergence of generative AI (GenAI) within the last 18 months has spurred a significant increase in investment in AI tools and technologies. This trend is set to continue as AI is deployed and utilised...


TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.


Managing Valuations Data for Optimal Risk Management

The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...