With the T+1 settlement cycle mandate now in effect, the imperative for financial institutions to ensure quick and accurate trade settlements is only growing. CTFSI’s PEP platform supported Predictive Fails Management solutions shift the workflow from post-settlement failure detection to pre-settlement prediction.
Trade Markets Coverage
Details of our SSI Solution can be found here. This proven SSI solution has been tested on DTC trades and is equally applicable to Euroclear, FX, and other trade markets giving operations teams the ability to address SSI-driven trade fails before they occur across the full-spectrum of trading activity where SSIs are involved.
“Our predictive solutions are an opportunity for you to transform your exception processing from post fail detection, to taking preventative actions that can eliminate a trade fail altogether”
Expanding to Affirmations
The same approach is also applicable to predicting affirmations as a driver of trade fails. The affirmations solution can support three general use cases:
- Early Intervention: Learned historical counterparty affirmation behavior drives prediction workflow of likely fails on trade date.
- Need to Monitor: Deprioritizes unnecessary actions while maintaining visibility based on behavioral history.
- Escalate Now: Detects system issues and sets high escalation priority to de-risk issues quickly.
Affirmations Solution Benefits
Whether predicting the likelihood of a trade failing in the absence of an affirmation occurring by a certain time or a trade failing in the absence of an affirmation entirely, our affirmations approach provides the same benefits as our SSI solution.
These include:
- Standalone Value Delivery: Provides value independently.
- Preventative Detection: Identifies potential issues early.
- Actionable Recommendations: Offers practical steps for resolution.
- Probabilistic, Learning Model: Continuously improves with more data.
- Process Agnostic: Integrates into any existing workflow.
Looking Ahead
Our predictive fails management solutions are designed to complement and enhance existing trade processing. They provide an opportunity for you to transform your exception processing from post-fail detection to taking preventative actions that can eliminate a trade fail altogether.
This same approach to exception management processing can be applied not only to different types of trade failures, such as inventory issues but also to other types of operations exceptions, such as reconciliation or customer onboarding. Our PEP platform was specifically designed with this philosophy in mind.