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Trade Reconciliation
Middle & Back Office Trade Reconciliation Support for Financial Services Company
Trade Reconciliation Services
Direction offers comprehensive Back and Middle Office support, including Admin, Support, Reporting & Data Processing for Financial reconciliation services.
Middle & Back Office Services for Financial Services Company
The middle and back-office trade reconciliation services include order management, execution management, risk management, trade reconciliation, MIS reporting, data analytics, G/L accounting, CRM and regulatory reporting.
We have also developed an innovative in-house trade management platform to structure the best fit bespoke solution. It functions as an extended arm for the business operations of our clients.
Middle Office Services
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Upload blotters received from the client
Raise alerts for large trade size, loss trades, high leverage and other such risk assessment parameters before sending the trade to market for settlement.
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Reconciliation
- Extraction of cash and trade data from various third-party portals
- Daily reconciliation of trades, positions, cash balances, and cash activity
- Analysis and resolution of breaks
- Daily reporting of reconciliation status
- Report failed trades
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Corporate Action
- Monitor and act on events, e.g. FOP movements, bond maturities, etc.
- Send notification to clients eligible for benefits of corporate actions
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Client Services
- Manage queries raised by clients and respond with resolution on time
- Generate daily client end of day reports detailing cash and stock movements, cash balance summary, position summary, failed trades, and trades pending settlement
- Proactive communication with the counter party to resolve failed trades
- Implement “follow-the-sun” model helps timely and quick resolution of breaks
Back Office Services
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Calculate and generate reports per client
- Charging interest
- Trade amendment/cancellation fees and margin charges
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Generate Risk Management Reports
- Gross exposure vs net liquidity
- Failed trades
- Position mismatch, etc.
![Direction Trade Reconciliation](https://www.direction.biz/wp-content/uploads/2023/07/Direction-Trade-Reconciliation-07.jpg)
Accounts
- Analyse daily balance movement and net liquidity of the firm
- Tax reconciliation, tax certificates for ISA accounts, reports for HMRC
- Reporting of operating P&L and general ledger accounting services
Our Trade Reconciliation client
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