Flexible, scalable and insightful solution for end-to-end OTC confirms processing
Providing a 24 X 6 OTC confirmations service across all asset classes, covering drafting, incoming reviews, trade chasing, trade affirmation, indexing, and exception management, eClerx Markets offers a host of services for OTC confirmations. Our extensive experience garnered from servicing some of the world’s largest banks, allows us to bring together best-in-class process workflows, industry expertise, and custom technology to create a comprehensive and cost-effective market solution.
We manage the entire process around trade confirmation for more transactions than most individual banks on the street. This level of scale allows us to deliver significant market insight back to our clients, ensuring that their processes are streamlined and efficient.
Our holistic confirmation services include:
- Paper confirmation drafting for flow and structured products across all asset classes
- Ability to meet regulatory timelines for drafting and affirming transactions
- Template creation and maintenance for non-STP trades
- Affirmation and confirmation rate optimization through real-time break identification
- Trade confirmation and verification of economic and non-economic parameters
- Electronic trade confirmation & trade parameter matching on third party reconciliation tools
- Email authentication and validation tools to reduce risk of email misdirects
- MIS reporting and preparation of regulatory reports to meet CFTC and EMIR requirements
- Automation and OCR technology to improve efficiency and reduce risk