Post-Trade / Settlements

Charles River IMS centralizes confirmation, trade matching, and settlement instruction workflows and automates the post-trade process.

Charles River IMS automatically routes orders and allocations to appropriate counterparties and ensures central or local matching via rules-based functionality. Exceptions can be centrally managed and trades quickly confirmed/affirmed – in most cases by T+0 (same day). It also has embedded support for settlement instructions and supports standard notification protocols, formats and methods.

Key Benefits

  • Route individual orders and allocations to proper destinations in real-time
  • Ensure consistent, real-time views of post-trade activity and data by all parties
  • Personalize views and alerts to manage 'by exception'
  • Automatically notify venue or counterpaties of a cancel/rebook
  • Maintain all reference data and define/maintain settlement instructions in a single location
  • Setup and manage matching rules and tolerances to automate local trade matching

Advanced Capabilities

  • Omgeo CTM Direct Interface, supporting the latest CTM Broker enhancements
  • FIX 4.2 or 4.4 allocation messaging, integrated with rule-based local tolerance matching
  • Omgeo TradeSuite confirm/affirm workflow, integrated with rule-based pairing and matching
  • Local match/affirm with any destination
  • MarkitSERV interface supporting novated and terminated swap contracts
  • ISO 15022/SWIFT for custodian notification