Middle Office
Matching trades and settlement instructions, corporate actions and derivatives management.
Services that allow clients to complete buying and selling securities using one system.
Matching
When a trade is executed we confirm those trades with a broker and their back office, to make sure details have been entered correctly and the trades match. We then instruct the custodian to settle the transaction.
Corporate Activity
We monitor all corporate event related activities – dividends, distributions, cashflows for settlement – and administer changes to a portfolio including taxation compliance. We also look after the management of proxy voting.
Collateral Management
We oversee collateral management – whereby trades involve derivatives and the client needs to post or receive collateral. We manage the movement of that collateral. We agree to the valuation of the derivative, the amount of collateral required, and then settle as required.
Regulatory Reporting
We manage the reporting regimes on transactions, including communicating with the regulator. We ensure it occurs on a daily basis.