The C3 Dashboard
CSDR SDR fail penalty reconciliation module
CSDR SDR fail penalty calculation module detailed view
CSDR SDR fail penalty reconciliation module detailed view
CSDR Impact
Measures to prevent, address & monitor settlements
- The location of the settling party is not relevant and therefore firms that are based outside the EEA with trades settling in EEA CSDs and ICSDs are impacted.
Fail penalty calculation & reconciliation
How we can help
- C3’s CSDR fully managed service takes the worry out of compliance.
- We help ensure fewer fails and buy-ins, enable validation and allocation of penalties, and offer a comprehensive audit trail to keep track of everything.
- Our service is aligned to a client’s operational profile, across three service tiers, simple, intermediate and advanced.
- Simple solution – Settlement management and tracking (no calculation required)
- Intermediate solution – Simple solution + month end statement rec
- Advanced solution – Independent calc + rec
- All tiers ensure fewer fails, enabling validation and allocation of penalties, and offer a comprehensive audit trail to keep track of everything, meeting your operational requirements based on your fail count, penalty materiality.
Watch our webinar on CSDR
CSDR – Fail penalties have landed, what should firms be doing?
16 March 2022
This webinar examines the impact of CSDR so far, how funds should be managing fail penalties, and how we can assist with calculation, reconciliation and posting of penalties.
