Finastra has partnered Xceptor, an intelligent automation software company, to offer new reconciliation functionality to its securities market customers. Xceptor’s out-of-the-box third-party reconciliation functionality allows Finastra’s Fusion Markets customers to automatically reconcile and validate transactions and positions data, including harder-to-handle formats, in a single solution resulting in reduced manual workloads, exceptions and breaks, and improved accuracy and speed. Xceptor extracts and transforms any type of data from any source.
A-Team Insight Briefs
Don’t miss this opportunity to view the recording of this recently held webinar. MiFID II’s “No LEI, No Trade” requirement mandates all entities trading with European counterparties across all asset classes need to obtain legal entity identifiers (LEIs). This represents a major shift in the way LEIs are used for regulatory reporting and firms that...
Data quality is proving to be an enduring albatross around the necks of financial institutions that must comply with EU reporting rules under MiFID II and EMIR. A recent disclosure by the European Securities and Markets Authority (ESMA) shows that matching rates remain poor for derivatives transactions reported under the European Markets and Infrastructure Regulation...
The TradingTech Summit is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and explores progress trading firms are making towards digital transformation initiatives and how they are using high performance technologies to gain an edge in the current regulatory environment.
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...