Post trading & Settlement platform

Customer

The largest specialized finance operator in Italy, as well as one of the leaders in Europe in the non-recourse management and disinvestment of trade receivables owed to Public Administrations, leader in Securities Services and Payment Services.

Challenge

Provide a solution to support customers in Custody and the internal back office in the management of the Custody of financial instruments and in the Post Trading & Settlement processes.

Solution

FINWAVE has created a solution that allows the management of settlement provisions on domestic and international circuits through an online platform and the acquisition of massive flows in different formats. It also allows you to acquire settlement messages and make them visible online (status progress) and/or report them to customers with Swift ISO15022 messaging. The platform includes the management of Cash Accounts and Securities Depository, Custody of financial instruments, Regulation of market operations (STP Process), Regulation of OTC operations (Settlement Agent), Custody (Corporate Actions, Coupons, refunds , dividends), Taxation, Reporting (CSDR) and Other Services such as Collateral Management and Paying Agent, and allows the bank's governance to monitor the performance through specific synthetic and analytical dashboards.

Results

Management of a high number of daily transactions, direct access by customers, online updates and reporting. Possibility to download reports in Excel and PDF formats for any type of query. Real-time integration with the other components of the bank's information system.