| References
: Julius Baer, EFG private Bank, Bank for International Settlements, Swiss National
Bank, Swissquote, BNP Paribas, and many more ... | |
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| Stematch
Reconciliation & exception management |
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Reduction
of operational risks
Financial institutions struggle to achieve Straight Through
Processing across all business lines from front to back-office.
In a number of organisations manual processing of reconciliations
and exceptions continues to use up a disproportionate amount
of resources. Additionally for non-traditional and complex
Asset Classes the lack of standardisation means a difficult
reconciliation process. With recent changes to the regulatory
environment mandating the reduction of operational risks,
automation of these critical processes has become not only
a business concern but a compliance issue as well. |
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| Stematch
highlights
Stematch is an enterprise-wide reconciliation and exception
management product. Stematch supports reconciliation for all
business lines and market instruments including cash, general
ledger, nostro, securities transactions, custodian holdings,
funds, foreign exchange, money market, precious metals. Its
flexibility and generic capabilities provide a high automatic
matching rate for any internal or external data sources. |
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| Stematch
value-added features
- Highly flexible and user configurable rules engine to
maximise the hit rate of automatic reconciliation.
- Early detection of exceptions using a rule-based alarm
module.
- Cross-market link (securities-cash or forex-cash) for
a complete view on the financial transaction from trade
through to settlement.
- Interest calculation to better evaluate the exposure in
case of value-date discrepancy.
- Treasury planning module for better cash liquidity management
(including intraday position).
- Exposure calculation for each outstanding entry to highlight
areas of most risk.
- Easy investigation with extended search facilities.
- ‘SWIFT Ready’ accreditation for Cash and Securities Reconciliation.
- Sterci’s complementary suite of solutions for STP including
Stelink
financial messaging hub and Steform
for application integration, KEYdata
for market data management.
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