Overcoming Reconciliation Challenges with a Global Reconciliation Model
Use A Global Reconciliation Model
Trade breaks introduce significant financial and operational risks. Reconciling positions, cash, and transactions is essential to effective portfolio management. With STP’s outsourced reconciliation model, investment firms can streamline this critical process and mitigate these risks.
Why Choose STP’s Outsourced Model?
Our global team of experts provides 24×5 support, ensuring that reconciliation is efficient and reliable. Benefits include:
- Expert Support: 24×5 service from a global team.
- Normalized Data: Consistent, standardized data for seamless reconciliation.
- Custom or Standard Matching: Tailored solutions to meet your needs.
- Full Automation: Reduced manual efforts and errors.
- Real-Time Dashboards: Instant visibility into reconciliation status.
Institutional-Grade Reconciliation Services
STP’s outsourced reconciliation model is designed to reduce both costs and risk exposure through automation and a proven process. Here’s how we help:
- Automated Matching & Break Resolution: Minimize manual interventions.
- Three-Way Reconciliation: Administrator, Custodian, and Manager reconciled.
- Full Transparency: Access to a comprehensive client reconciliation dashboard.
- Wide Custodian/Administrator/Prime Broker Coverage: We integrate with hundreds of custodians, administrators, and prime brokers.
- Feed Set-Up & Linkages: We handle the integration of feeds and custodian linkages.
- Daily Reconciliation: Cash, transaction, and position reconciliations for all accounts, updated daily.
- Date-Based Reconciliation Options: Trade Date or Settlement Date based on your bank feed.
- Order Management System Integration: Reconcile against your existing Order Management System (OMS).
- Detailed Oversight: Management metrics, aging analysis, and exposure reporting for better decision-making.
STP's Reconciliation Dashboard: Enhancing Transparency and Control
Our advanced, agile reconciliation dashboard is designed to provide full visibility and accountability. Key features include:
- Real-Time Snapshots: Quick, daily updates on reconciliation status.
- Data Management: Reconcile and manage data with ease.
- Frequent Refreshes: The dashboard is updated every 30 minutes throughout the trading day.
- Ongoing Status Updates: Keep track of reconciliation progress in real time.
- Outage Commentary: Insight into any issues with ongoing reconciliations.
