Press Release Charles River Post-Trade is a centralized, electronic post-trade processing hub for investment managers that connects dealers, operations departments, custodians, and brokers to facilitate trade processing across all security types, domiciles, and protocols. Charles River Post-Trade streamlines trade routing to popular, disparate confirmation / affirmation venues by providing standardized, automated, and consolidated access. The path each trade follows is flexible and configurable by user-defined rules to be situation-appropriate.
By uniquely combining local capabilities like FIX allocations, local matching, and local settlement instructions with an integrated platform of standard interfaces to settlement venues and counterparties, Charles River Post-Trade offers asset managers a single resource for STP.
- Rules-based automatic trade routing to confirmation / affirmation venues
- Optional FIX allocation messages with tolerance matching for all asset types
- Rules-based tolerance matching engine
- Standard interfaces to confirmation / affirmation venues including Omgeo Central Trade ManagerSM, Omgeo OASYSSM / OASYS-TradeMatchSM, OASYS GlobalSM, Thomson TradeWeb, and MarketAxess
- Configurable exception views and alerts enabling management by exception
- Integrated settlement blotter panes show matching results and highlight areas requiring user intervention
- Embedded rule-based support for settlement instructions including ISO 15022 messages for custodians and other parties
Charles River Post-Trade handles an investment manager's entire post-trade workflow from allocation / confirmation processing to custodian notification. Rule-based workflows allow for automation each step along the way.