Swap Control

For exceptional efficiency, select the specific modules you need from our three-part swap offering — what you need when you need it.

The Process – Match, Rec, Track

By consolidating all your swap data in one place, we eliminate the time consuming practice of sourcing data from multiple Prime Brokers and Swap Provider portals. Our simple onboarding gives you access to coverage of the full swap lifecycle, alongside managed, daily automated data feeds.

And with all your data stored online, recall is accurate and convenient, be it the previous day, week, month or year.

Furthermore, our offering is aligned to accommodate varying operational profiles.

We’ve created a simple overview of all exceptions, by connecting to your counterparties and showing their data in a single, unified view. Send us your swap allocations on the date of trade, and our exception-driven dashboard will:

• Match trade details electronically & swap economics – including swap spreads and benchmark rates
• Reconcile open swap contracts and economics, including swap spreads and benchmark rates
• Validate swap resets, automatically uploading approved transactions into your ‘Books and Records”

Swap Matching

Accurately, easily and quickly match up your portfolio swaps with your counterparty.

Our dashboard includes a single point of resolution for all trade-matching exceptions that allows you to set matching rules per asset and see confirmation statuses at-a-glance.

• Clearly view every asset status and associated break calculations
• Set matching rules per asset, per counterparty
• Add notes, apply overrides, and manually link and unlink swaps

Swap Rec

Take care of portfolio swap reconciliations — to all your counterparts. Our dashboard enables daily monitoring of long and short Swap Positions, Financing Value, Benchmark Rates and Spread values to calculate swap interest correctly.

Dashboard features and functions include:

• Quick and easy configuration of two-party reconciliations
• Single grid view of daily positions and holdings across all counterparties
• All activities are fully traceable, with the previous day, week, month or year reconciliations stored online for easy and accurate recall

Swap Track

Our comprehensive dashboard displays high-level overviews, including every transaction status. As well as managing workflows, you’ll experience a summarised, at-a-glance view of swap data alongside equity and interest values. Full automation of the process allows for ease of validating reset data — position, price, and resulting cash flow are all reflected in your system, removing the burden of manual booking.

Dashboard features and functions include:

• Validation of counterparty data at the time of reset & identification and discrepancy correction
• Upload swap reset transactions into your books & records
• Streamlined month-end processing with automated swap reset reconcilation and posting.