Confirmation Matching Service Overview
No more manual trade confirmations
When risk and compliance are high on everyone’s agenda, matching trade confirmations automatically offers a real-time, low-cost route to help realize the efficiencies today’s companies need.
In matched trade confirmations every day
De-risk trade confirmations
Correct errors before payment instructions are sent.
Automate treasury tasks
Manual processing is eliminated. 96% auto-match rate, automated Suggest-a-match for mismatches, smartAPI automation.
Increase efficiency
Trade confirmations are automated between SWIFT and non-SWIFT counterparties. This can also include automated netting, as well as automated enrichment of settlement instructions.
Easy access to all of your data
Add Single Sign On for most efficient and secure live system data access, Long Term Archive access to up to 10 years of data and automated user access management via API.
SWIFT-copy confirmation matching
Matches confirmations of deals done on the SWIFT network.
Cloud services
CMS takes advantage of new Cloud technologies to provide innovative, flexible, and highly reliable services. CMS’ adaptable technology and smart APIs allow seamless integration with your interfaces for high performance and efficiency.
Simplified trade confirmation for corporates and fund managers
A single window for confirmation management
Globally recognized as the best-of-breed solution for confirmation matching. Our SaaS solution provides the widest support for treasury and capital markets instruments. Thereby, consolidating all your confirmation matching using a single, consistent service.
Security and compliance
Finastra has successfully completed rigorous SSAE18 and ISAE3402 audit certifications, so you don’t need to undertake audit and compliance procedures to satisfy Sarbanes-Oxley or other requirements.
24-hour Customer support
Finastra CMS have a dedicated support team where 99.6% of incoming calls are resolved within a single call. This is because the people you call know the solution and are able to deal with your inquiry immediately.
Unrivaled system reliability
Managed, maintained and serviced on cloud by Finastra – with the highest product quality rating and uptime in the industry.
Award winning apps and cutting-edge technology that optimizes Straight Through Processing
Netting that aligns with your settlement process
FX Cash flow netting can automatically net your FX gross trades into payable and receivable amounts by currency, counterparty and fund/entity according to the date the payments need to be made. Payment dates are derived off the value date, according to the currency cut off days entered and bank holiday consideration.
Standard Netting creates a single net for multiple currency positions that are due to settle on the same day with the same counterparty for the same fund/entity.
Full netting confirmation automation for both modules can be achieved via the smart API.
- FX Cash Flow Netting - Award winning
Download corporate/fund managers factsheet
Download banks factsheet - Standard Netting
Automation with Custodians
Automated Custodian Notifications, automated Custodian Payment Notifications and CMS’ SSI+ SWIFT service provides access to up-to-date broker settlement instructions for your custodian payment actions.
- Custodian Notifications
- Custodian Payment Notifications
- CMS’ SSI+ SWIFT service
Cloud Services
CMS takes advantage of new Cloud technologies to provide innovative, flexible, and highly reliable services. CMS’ adaptable technology and smart APIs allow seamless integration with your interfaces for high performance and efficiency.
- Smart API
Discover the full suite of solutions from Finastra’s Financial Messaging Marketplaces
Solutions
Speed is of the essence: Are banks ready for SEPA Instant Payments?
Discover how Confirmation Matching Service can help your organization