Post-Trade Solutions
The steps involved in settling and reconciling trades can be costly, error prone and time consuming. In order to enhance revenues and reduce expenses while managing exception processing, you need technology to help automate the post trade process. STN Post-Trade Solutions help you to achieve complete straight through processing (STP) throughout one of the key steps in the trading lifecycle.
Brokerage products and services offered by STN are provided by SunGard Institutional Brokerage Inc., Member FINRA / SIPC .
Features
- Offers advanced methodology for electronic receipt of trade confirms and trade affirmations
- Provides application service provider (ASP) matching within a real-time hosted environment
- Supports electronic trade allocation transmission from managers to broker/dealers
- Generates bank letters or transmission of bank notifications from asset managers to custodians and account holders
- Facilitates custodian to manager reconciliation and supports cross-institutional consolidated account reporting
Benefits
- Integrates with existing applications, processes and workflows for minimal organizational impact
- Minimizes failure rates for domestic and cross-broker trades while controlling costs and increasing efficiency
- Streamlines workflow to facilitate faster and more accurate matching and affirm processes
- Helps to decrease the trade errors and internal resource requirements associated with back-office processing