SmartMatch

Clearing
	GL CLEARVISION
Back Office
	SMART SUITE
	UBIX

	Back to Product Lines

SmartMatch
is a truly multi-purpose user-friendly reconciliation tool. It can be used to match trades, position, cash flows, fees and accounting records.
SmartMatch delivers exception-based management and investigation oriented features and is a key solution for operation department.
It can be deployed locally at a brokerage house or can satisfy the requirement of an investment bank handling very large volumes with a global distribution across multiple desks.

	SmartMatch offers the following benefits
	Reduce operational risk SmartMatch offers one single platform for matching across all the business lines and business units & increase regulatory compliance with embedded rec’s with exchanges. It reduces operational bottleneck and reconciles intra-day instead versus overnight batch
	Cut down operational cost Banks and brokers can increase their productivity with the complete automation of processes, making both internal and external transactions more fluid and secure
	Increase client satisfaction with quicker delivery time of reconciled statements

	Major features:
	User defined flexible matching rules
	Allows matching with tolerance on any chosen field
	Advanced function to deal with unmatched trades
	Can receives broker trade confirmations in various formats
	Generates exceptions reports in Excel or HTML formats
	Automation with an embedded scheduler
	Launch a job at a pre-determined time or when a certain file is detected
	Send reconciliation results to an email address
	Print the results at the end of the reconciliation process
	Trigger alerts and send matching results to 3rd party systems for further investigation
	The system includes predefined templates to easily setup EUREX (including XML format), LIFFE, and LCH file formats as well as major Back office system file formats, including UBIX, GMI, and Rolfe & Nolan.
	High volume handling (5,000 records in 5 seconds)
	User rights administration & Audit control

	Some examples of how SmartMatch has been implemented:
	Positions / transactions reconciliation
	End of day reconciliation with carrying brokers (trades, positions and money)
	End of day reconciliation with exchanges
	Broker commission and fee reconciliation
	End of day reconciliation of CLEARVISION database with exchange file and front-office file, ensuring that all the systems are in sync