Better performance, right now
Automatic trade confirmation matching offers an instant, low-cost route to better performance.
Moving on from manual confirmation
Despite huge progress in recent years, many trades are still confirmed manually. Slow and prone to error, manual confirmations expose both sides of the trade to risk, especially when the period between trade date and confirmation can extend to days or even weeks.
On the sell-side, a stricter regulatory framework has increased the need for fast electronic confirmations with the corporate and fund management communities. EMIR, Dodd-Frank and other international regulations have all increased the need for automation.
And on the buy-side, “management by exception” and customized reporting, payment netting and third-party notifications are the expected norm. A strong focus on regulatory compliance is driving the need for solid, secure systems that are certified to SSAE16 and ISAE3402.
Choose the market leader
The leading solution on the market, Fusion Confirmation Matching Service automates trade confirmations between SWIFT and non-SWIFT counterparties in real time, removing operational risk and increasing automation and efficiency for corporate treasurers and fund managers.
Work with one of SWIFT’s largest non-bank members
You can automatically forward matched trades to our confirmation matching system to be enriched and delivered to Trade Repositories. Eight million trade confirmation matches are made on the system each year – Finastra is one of the largest non-bank SWIFT members.